Strategic Actions for a Just Economy, or SAJE, issued a report Thursday focused on L.A.'s financial exposure as host city. The city and state of California are the financial guarantors for the Olympics, meaning if they go into the red, L.A. taxpayers will foot the bill. LAist's Libby Rainey.

<p>Strategic Actions for a Just Economy, or SAJE, <a href="https://www.saje.net/can-l-a-afford-to-cancel-the-olympics/">issued a report</a> Thursday focused on L.A.'s financial exposure as host city. The city and state of California are the financial guarantors for the Olympics, meaning if they go into the red, L.A. taxpayers will foot the bill. LAist's Libby Rainey.</p>