Obama Center’s $470M “Safety Net” a Sham? Taxpayers Face Millions in Risk as Subcontractors Go Unpaid

Grogan said reports that contractors and subcontractors remain locked in payment disputes make the largely unfunded reserve even more problematic.

“The fact that they have created this probably unsustainable edifice to an ego and then, eventually, if it goes under, who’s going to be caught with the bill time and time again? It’s the taxpayers of the city, citizens of Chicago and the state of Illinois.”