Washington, Jan. 7 (ANI): Barack Obama's inauguration for his second term as US president will not be commanding the excitement of 2009.
It would be difficult to upstage Obama's starry inauguration four years ago where an estimated 1.8 million came to see Beyonce, Bono and Bruce perform.
Sources said that this time things are so grim that the Presidential Inaugural Committee members are sweating over the Jan. 21 event.
According to the New York Post, sources said that the number of inaugural balls this year where the president and Michelle Obama will appear has sharply dropped from 10 to two.
A political insider said that some on the presidential inaugural committee are starting to seriously worry. They've dramatically cut the number of balls from 2008 to two, and both will be taking place in the Washington Convention Center.
It will mark the fewest number of official inaugural balls since 1953, the report added.
Meanwhile, DC hotels that were completely booked for Obama's first inauguration have struggled to attract visitors.
A source said that hotels have slashed prices, and ticket prices to the inaugural events are expected to go down, adding that the committee has been working hard to find benefactors to raise funds.
In 2009, Obama raised 53 million dollars in inaugural funding, a record, without donations from corporations, PACs or lobbyists. This time, donations will be accepted from a wider net of sources, the report added. (ANI)