Barack Obama spent $730 million getting to the White House in 2008—twice as much as George W. Bush spent 4 years earlier and more than 260 times what Abraham Lincoln spent in his first election. Looking at the total costs of presidential elections over the past 150 years, it would seem that the White House is the ultimate recession-proof commodity:
So is the White House overpriced? Depends on what you're comparing it against.
President Barack Obama announced on Monday a new $100 million in re-prioritized funding over the next three years to launch a new HIV Cure Initiative, along with up to $5 billion to the Global Fund to Fight AIDS, Tuberculosis, and M... Read Post
WASHINGTON (AP) — President Barack Obama and his family are pausing to celebrate a quiet Thanksgiving at the White House. Some previous presidents have preferred to spend the holiday at Camp David, the secluded Maryland mountaintop ... Read Post
Over at Mother Jones, David Gilson notes that the cost, in real terms, of winning the presidency has increased dramatically over the years: Barack Obama spent $730 million getting to the White House in 2008—twice as much as George W... Read Post