Inaugural Ball Ticket Prices 'Slashed' by 50%

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9:32 AM, Jan 21, 2013 • By DANIEL HALPER

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Fox News reports that the price for Inaugural ball tickets have been "slashed" by 50 percent:

"Watching the parade, of course, is free but you have to pay to attend some of the other events here. And organizers have just slashed ticket prices, we understand. Attending an inaugural ball costs $500 now, that's down from a thousand dollars. A sign the inaugural committee may have fallen short perhaps in their goal to raise $50 million. That money pays for the balls, parade, the giant TV screens on the mall where everybody can watch," reports Fox's Martha MacCallum.