ocr: SPORTS vised to withdraw its bid for the Games and proceeded with the bid. Games or introduce taxes to cover It insisted that the Olympics would the costs. break even financially. "It think the government needs Tor make matters worse, in Octo- to put a stop loss on this ber 1993, Australian officials said project; otherwise it will lock it- that the Games bill would be about self into an open-ended financial A$3.2 billion-double the budget commitment, the treasury secre- submitted to the IOC. tary, Percy Allen, said in a handwrit- State premier Fahey, who dis- ten memo in October 1992. closed ...
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