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Who can run the risk of running up a billion dollar tab that you have to pay?

San Jose, Calif., Mayor Chuck Reed, explaining why his city could not afford to host the Olympics. Among American cities, only one -- Los Angeles -- appears interested in a possible 2024 bid.

San Jose, Calif., Mayor Chuck Reed, explaining why his city could not afford to host the Olympics. Among American cities, only one -- Los Angeles -- appears interested in a possible 2024 bid.

Brian Peteritas is a GOVERNING contributor.
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