An $8 Million Shindig

Ronald Reagan may have campaigned on a pledge to cut spending, but he clearly does not believe that aus terity must begin at home — at least not so far as the Jan. 20 Inauguration is concerned. In a return to an older elegance, Reagan and his entourage will wear formal morning suits complete with striped gray trousers and a white pleated-front shirt at the 11:30 a.m. swearing-in ceremony, which for the first time will be held on the West Front of the Capitol, facing down Pennsylvania Avenue. That evening there will be nine...

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