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Need? I suppose that's up for debate. However, the association members certainly welcome to spend their own money in whatever way they choose to. Also, I agree completely with this:Does this country really need a White House Correspondents Dinner? Seems like a waste of money. Money that can be better used elsewhere.
"We share the belief, held by our country’s Founders and enshrined in the First Amendment, that an independent news media is vital to the health of the republic." found on the "about" section of The Whitehouse Correspondence Association site here Dinner | White House Correspondents' Association (WHCA)