27 July, 2015
According to multiple reports the United States Olympic Committee has pulled the Boston 2024 Olympics bid. On Monday Jan 27th Boston Mayor Marty Walsh refused to sign a contract with the U.S. Olympic Committee that commits the city to covering any budget overruns. Mayor Walsh strongly supported the Boston Olympic bid but said in a press conference he cannot commit at this time to signing the host city contract if Boston won the right to the 2024 Olympics.
The Olympics coming to Boston has been a highly debated issue, many of the naysayers towards the Olympics coming to Boston argue that the Boston area does not have the resources such as transportation and facilities to host such a large event. Many of those that want to see the Olympics in Boston argue that it would give Boston a deadline to upgrade transportation, facilities and roads.
**Update** Mayor Marty Walsh posted the following statement on Facebook: "I strongly believe that bringing the Olympic Games back to the United States would be good for our country and would have brought long-term benefits to Boston. However, no benefit is so great that it is worth handing over the financial future of our City and our citizens were rightly hesitant to be supportive as a result. We always anticipated having the time to do our due diligence on the guarantees required and a full review of the risk and mitigation package proposed last week. This is a monumental decision that cannot be rushed, even if it means not moving forward with our bid for the 2024 Summer Games."
