Aldermen Don't Want to Foot Bill for Daley's Olympic Dream

Alderman "one step away" from trying to stop Games

What has the makings of a full-blown aldermanic rebellion is shaping up in the City Council over Chicago's plans to stage the 2016 Olympic Games.

Ten aldermen have now signed onto an ordinance sponsored by 1st ward alderman Manny Flores, which would cap city spending on financial guarantees at $500 million. And Alderman Sandi Jackson said today she is one step away from calling for pulling the plug on the Games completely.

"The city is strapped for money. We don't know what's going to happen to the economy," Jackson said. "Most of my constituency is very much against it."

Flores says he remains a supporter and believe the Games represent a potential financial boost for the city.

But, he said, "We must pursue the olympic bid in a financially responsible and transparent manner."

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