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U.S. touts 'conservative' Olympics

Workers walk on the field during a tour for International Olympic Committee members at Soldier Field, Chicago, Illinois on Sunday.

Workers walk on the field during a tour for International Olympic Committee members at Soldier Field, Chicago, Illinois on Sunday.

Chicago officials vowed to fill stadiums, protect the environment and bring the 2016 Summer Games in on budget Monday as they wooed the International Olympic Committee's evaluation commission.
Bid chief Pat Ryan told the 13 commission members visiting Chicago that the city's US$3.4 billion budget plan is "responsibly conserv-ative, reasonable and feasible."
Chicago is at a disadvantage to its rivals Tokyo, Madrid and Rio when it comes to finances because it has not obtained full financial guarantees from local governments.
However, bid officials told the commission that US$750 million in guarantees obtained from the city and state of Illinois and US$500 million in private insurance will be more than adequate.
"We believe this money will never have to be touched," Chicago 2016 president Lori Healey told reporters. "We are convinced that we will deliver the Games on budget and that we have proven safeguards in our financial plan to protect the IOC as well as the taxpayers."


Updated : 2021-10-18 09:34 GMT+08:00