Romney’s always babbling about his efforts in the 2002 Winter Olympics right? Well…

2002 Olympics to Cost US Taxpayers $1.3 Billion

In the GAO report, Olympic Games - Federal Government Supplies Significant Funding and Support. investigators report that, “no government-wide law or policy exists that defines the federal government’s overall role in funding and supporting the Olympic Games when hosted in the United States. Nor is there a single federal agency that has the responsibility to oversee and monitor the federal funding and support provided for the Olympic Games.” However, reports the GAO, federal agencies have in the past and continue to fund various aspects of the Olympic Games in response to requests from state and local governments. According to the GAO, ” Federal assistance has been requested because these entities have not had enough resources to provide for the infrastructure improvements necessary to prepare the host city or to plan and stage all aspects of the Olympic Games when hosted in the United States.”