Not only short on funds, but short on transparency, too. Taxpayers foot the bill for the ceremony of the oath of office, estimated at $1.2 million, but the President pays for the rest of the festivities. Unlike four years ago, Obama needs corporations to fill the coffers for the estimated $50 million price tab for the balls and the flourishes around the initiation of his second term in office, and unlike four years ago, his fundraising committee is still coming up millions short:

With less than a week to go before President Obama is sworn in for his second term, fundraisers for the presidential inaugural committee were still working Monday to secure their goal of $50 million in private donations to finance the official festivities.

The committee was short $8 million as of last week, but the gap is closing, according to a Democratic fundraiser involved in the efforts.

On Friday, the committee added nearly 600 new donors to its public list of “benefactors” for the event, bringing the total number of contributors to 993. That includes just eight corporations that have pledged money to help put on the official parade and balls, despite Obama’s decision to reverse the ban on corporate contributions he put in place for his 2009 inauguration.

So how much money are these corporations kicking in — besides “not enough”? The LA Times notes that transparency has come up short as compared to four years ago, too:

It is unclear how much any of the donors have contributed to the presidential inaugural committee, which is charged with paying for all the official festivities except the swearing-in itself. (A joint congressional committee, financed with more than $1.2 million in taxpayer dollars, has that responsibility.) Unlike four years ago, the committee is not disclosing the size of the contributions until it files a report with the Federal Election Commission in April.

-snip-

Read more:http://hotair.com/archives/2013/01/15/in...-million-short/

All he has to do is make a trillion dollar coin to cover it.

No problem.

He's the king.