The Stadium Bidding War Shaking Up the Midwest

The Chicago Bears are weighing three possible homes for a new stadium: downtown Chicago, suburban Arlington Heights and Hammond, Indiana. The competition has turned into a high-stakes economic development battle involving billions of dollars in potential investment, tax incentives and public financing. Supporters say a new stadium could generate jobs, development and tax revenue, but former Indiana Governor Mitch Daniels warns that emotion can push politicians into deals that leave taxpayers paying the bill long after the ribbon cutting. (Source: Bloomberg)