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Bush Inaugural Team Raised More Than $35M

January 26, 2005

WASHINGTON (AP) _ The team that raised money to finance President Bush’s inaugural festivities collected $35 million to $40 million, officials said Wednesday.

The estimate was rough because the inaugural committee was still counting checks, the Republican officials said, speaking on condition of anonymity. They were certain the committee had met its goal of raising $30 million to $40 million for Bush’s second inauguration; Bush’s 2001 inaugural committee raised about $40 million.

Much of the money for last week’s events came in $100,000 to $250,000 contributions from major corporations such as AT&T, ChevronTexaco, Bristol-Myers Squibb, Lockheed Martin and Altria, parent of the Philip Morris tobacco company. Several wealthy individuals also gave $100,000 to $250,000, including San Diego Chargers owner Alex Spanos.

Six-figure donations earned contributors tickets to exclusive inauguration week events, such as candlelight dinners with Bush and first lady Laura Bush.


On the Net:

Bush inaugural committee: http://www.inaugural05.com/

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