L.A. Makes $4.5 Billion Bet on Olympics After Boston Backs Out

The Los Angeles skyline is seen during twilight on August 21, 2013 in California.

Photographer: Joe Klamar/AFP/Getty Images

Los Angeles’s dreams of hosting the Olympic Games for a third time could get a boost from the City Council this week, even as officials try to assure taxpayers that they won’t be forced to bail out a botched effort.

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