Taxpayers footing big chunk of Trump Inauguration event costs

Jessica Castro Image
ByJessica Castro KGO logo
Tuesday, January 17, 2017
Taxpayers footing big chunk of Trump Inauguration event costs
Taxpayers will foot a large chunk of the bill for the Presidential Inauguration of Donald Trump, and the events leading up to it.

WASHINGTON (KGO) -- Taxpayers will be footing the bill for what may be the most costly inauguration in U.S. history as President-elect Donald Trump takes office Friday.

Related: Click here for more inauguration news

The price tag for Friday's inauguration and the events leading up to it could top $200 million according to the New York Times.

Private donors also help foot the bill for the events, but much of the bill is covered by the federal government, state and local governments, and certain government committees.

The cost of security could top $100 million.

Mr. Trump's inaugural committee has raised $100 million through corporations, wealthy individuals, and smaller supporters.

The actual cost of the events depends on the size of the crowds.

Copyright © 2024 KGO-TV. All Rights Reserved.