Newsmax has found a new way to mislead about the cost of Barack Obama's inauguration.
In the very first item detailing Obama's alleged "gaffes and gimmicks" during his first 100 days in office, Newsmax claims: "In his inaugural address, Obama calls on Americans to adopt a spirit of sacrifice, which apparently doesn’t include his own coronation. The $49 million cost of his swearing-in ceremony is triple the cost of Bush’s first inaugural."
In fact, Bush's first inauguration cost $40 million. Last time we checked, $49 million is not triple $40 million.
As we noted, Newsmax used to claim that Obama's inauguration cost "early four times what George Bush’s inauguration cost four years ago" -- or did until people figured out the 2005 inauguration figure didn't include security costs that were in Obama's number.