Obama relying on bigger checks for smaller inauguration party

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U.S. President Obama delivers remarks at the White House in WashingtonWASHINGTON (Reuters) – President Barack Obama, who has tried to limit the influence of money in politics, is relying on federal contractors and businesses that profited from his campaign to pay as much as $1 million for his inauguration party later this month. The fundraising strategy marks a shift from Obama's 2009 inauguration, when he banned corporate money and limited individual contributions to showcase his commitment to transparency and clean government. …

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