The Illinois House will vote soon on a Democrat proposal to offer $100 million in taxpayer funds to lure Barack Obama’s presidential library to the state, according to Andrew Malcolm at Investors Business Daily:
Illinois Democrats plan to offer $100 million in taxpayer money to lure Obama library site http://t.co/kbtC0GKD0X #TCOT
— Andrew Malcolm (@AHMalcolm) April 18, 2014
Hey, nobody expected there would be enough private funds available to construct Barack Obama’s presidential library after eight years of President Obama, did they?
The possibility of taxpayers being put on the hook to the tune of $100 million for a presidential library in a state already buried in debt is the source of anger and amazement for many:
State so broke it issues bonds to pay pensions finds $100 million in seat cushions for Obama Presidential Library http://t.co/gx4Lom6uQD
— David Burge (@iowahawkblog) April 18, 2014
Reagan library has a panoramic view of Simi Valley, an entire Air Force One & costs $60m, all private. IL: $100m public for part of Obama's.
— David Burge (@iowahawkblog) April 18, 2014
After a House committee fast-tracked $100M for the Obama presidential library, Moody's downgraded cash-strapped Illinois from Baa1 to WTF2.
— Matt Farmer (@mifarmer) April 18, 2014
Illinois Ruling Class: permanent tax hikes, impose new taxes, expand gambling. Need revenue. Can't pay bills. But $100M for Obama Library.
— Dan Proft (@DanProft) April 18, 2014
Quest? Since all of Obama's records are sealed what will be displayed in his $100 million Library in Chicago? The 2,000 pgs of #obamacare?
— OriginalAmericanWoman (@LWilsonDarlene) April 18, 2014
https://twitter.com/BionicChick3/status/457185939920781312
https://twitter.com/anothermeno/status/456978421269008385
Here’s an idea that seems to make sense:
https://twitter.com/analogkid2112/status/457175896252628992
Perfect!
In total, the Obama library is expected to cost in the area of $500 million, according to the Daily Caller. How much of that burden taxpayers will be saddled with remains to be seen.