UPDATED 16:03 PM EST, December 7, 2012
WASHINGTON (AP) — In a reversal from four years ago, President Barack Obama will accept unlimited sums of corporate money to pay for his inauguration.
A spokeswoman for the Presidential Inaugural Committee said Friday that it will accept cash from companies and individuals to underwrite the costs of a weekend of festivities surrounding his second inauguration next month.
Money from lobbyists, political action committees or foreign donors will not be accepted.
