Obama Presidential Center Hits Jaw-Dropping Total Cost of Over $1 Billion, Tripling Past Estimates

The cost for the Obama Presidential Center in Chicago, Illinois, is now forecasted to exceed $1 billion, which is nearly three times the initial estimated cost for the project.

Fox News, which confirmed the figure on the basis of newly released financial information, reported that the project also opened five years past schedule.

“While we continue to reconci...