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Obama holding 2 inaugural balls, least in 60 years

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WASHINGTON (AP) — With his nation under financial strain, President Barack Obama is restricting the inaugural balls to the lowest number in 60 years, with just two official parties plus a concert honoring military families. The subdued celebration revealed Thursday is a big cut in reveling from the 10 balls Obama attended four years ago. Planners say the austerity in festivities is a reflection...

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