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The Boston Globe

Politics

political notebook

For inaugural, Obama will accept corporate donations

President Obama will accept unlimited donations from corporations — but no money from lobbyists or political action committees — to finance his 2013 inaugural festivities, a spokeswoman for his inaugural committee said Friday.

The move is a break from Obama’s policy in 2009, when he refused corporate donations for activities related to the inauguration. The committee also said the events surrounding Obama’s inauguration will be smaller in scope than four years ago; the White House is mindful of the fragile state of the economy and does not want a show of opulence.

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