Emanuel Urges State to Pitch in $100M for Obama Library

Chicago Mayor Rahm Emanuel is urging Illinois lawmakers to devote $100 million in state funds to help bring President Barack Obama's presidential museum and library to the city.

Emanuel spoke Thursday before the Illinois House's Executive Committee.
He says the money would make Chicago's bid for the library more competitive and that the investment would return dividends "well beyond" $100 million.
Emanuel also says the funding would be a fitting way to welcome Obama back to his hometown after his term is up.
Several sites — most on Chicago's South Side — want to become home to the library and museum. Hawaii and New York also are vying for it.
The $100 million for construction costs would be part of a new capital construction plan, which the Legislature must approve.
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