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Grand inauguration

US President-elect Barack Obama's inauguration on January 20 is expected to cost a whopping $150 million, making it the most expensive in the American history. Obama's inauguration expenses are likely to be to the tune of over $150 million, overshadowing the $42.3 million spent on George Bush's inauguration in 2005 and $33 million on Bill Clinton's in 1993. Beyonce Knowles, Jon Bon Jovi, U2's Bono, Shakira, Stevie Wonder and Bruce Springsteen performed at a free-for-public concert at the iconic Lincoln Memorial in Washington, which was attended by the President-elect himself, who reached Washington after a train ride from Philadelphia.

Updated on: Jan 21, 2009, 08:23:55 IST
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US President-elect Barack Obama's inauguration on January 20 is expected to cost a whopping $150 million, making it the most expensive in the American history. Obama's inauguration expenses are likely to be to the tune of over $150 million, overshadowing the $42.3 million spent on George Bush's inauguration in 2005 and $33 million on Bill Clinton's in 1993. Beyonce Knowles, Jon Bon Jovi, U2's Bono, Shakira, Stevie Wonder and Bruce Springsteen will perform at a free-for-public concert at the iconic Lincoln Memorial in Washington on Sunday, which will be attended by the President-elect himself, who has reached here after a train ride from Philadelphia.

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