On Friday, an Illinois House Committee cleared a bill that would offer $100 million for the construction of the Barack Obama Presidential Library in Chicago.
Mayor Rahm Emanuel immediately labeled the proposal a brilliant one, stating, “This is the home where the president began his career in public life and also where his family calls home.”
Emanuel says that building the library would create economic development in the city.
There are six locations on the South Side of Chicago that have been targeted for the potential library home, and two universities also want the library.
......Historically, presidential libraries have been built with private funding, then kept open through public funding.
They also lose money.
Mayor Rahm Emanuel immediately labeled the proposal a brilliant one, stating, “This is the home where the president began his career in public life and also where his family calls home.”Emanuel says that building the library would create economic development in the city.
There are six locations on the South Side of Chicago that have been targeted for the potential library home, and two universities also want the library.
......Historically, presidential libraries have been built with private funding, then kept open through public funding.
They also lose money.
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