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  • Money for NATO summit: now you see it, now you don’t

Many Chicagoans were encouraged to hear recently that the federal government would be handing over more than $19 million to help cover security costs for the NATO summit to be held here in May.

Along with another $36 million forked over by corporate donors, the federal money “enables us to keep our commitment to the taxpayers of the City who will not carry the financial burden of hosting the NATO Summit,” said Lori Healey, executive director of the NATO host committee. That’s the private entity created by the mayor to oversee summit fund-raising and organizing.

It was such great news that there were practically celebrations in the street at the thought that taxpayers were off the hook for summit costs.