A presidential inauguration is very expensive. Who pays for it? (1 Viewer)

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    Mike Gavin

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    They're throwing a $200 million dollar party in Washington, D.C. on Monday.

    Most taxpayers aren't invited, but they're all chipping in on the bill.

    Inauguration Day commemorates the transfer of power from one United States president to the next -- this year going from Joe Biden to Donald Trump. There will be performances and parties, and of course the swearing-in ceremony at the U.S. Capitol.

    All of that pomp and circumstance -- and security -- ain't cheap.

    Taxpayers don't pick up the entire inaugural tab, though. Here's how the bill is split...

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