Obama Presidential Center's $470M safety net under scrutiny as subcontractors say they're owed millions

The Obama Presidential Center's $470 million safety net, intended to prevent taxpayer liability, remains largely unfunded, with only $1 million deposited into the reserve. Contractors and subcontractors report being owed millions in payment disputes, raising concerns about financial instability ahead of the center's opening. The project's costs have surged from $330 million to at least $850 million, and the Obama Foundation claims funding comes from private contributions.