American companies with deep pockets and an even deeper interest in what goes on in Washington are footing most of the expected $40 million bill for U.S. President George W. Bush’s inaugural bash.


Security costs aside, the president has said no taxpayer money will be involved in financing the lavish festivities celebrating his second inauguration this week, including a parade, candlelight dinners and nine inaugural balls.


Instead, the financial services industry, energy companies, automakers, drug giants, tobacco companies and wealthy individuals are picking up the tab, and getting a chance to rub shoulders with the politically powerful.


For this complete story, please visit Corporate America Pays Bush’s Inaugural Party Bill.


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