The price tag for Salt Lake’s 2030 Olympic bid just got a whole lot bigger. Sapporo, Japan — Salt Lake City’s only remaining rival for the 2030 games — expect to spend as much as $2.17 billion if the International Olympic Committee picks them to host. This would add an extra $27 million in taxes of the $307 million needed due to inflation and the decline of the yen in comparison to the U.S. dollar.

Inflation has also affected Salt Lake’s proposed $2.2 billion budget for 2030. President and CEO of the Salt Lake City-Utah Committee for the Games, Frasier Bullock, says that increased costs would have to be offset by raising money from licensing and other revenue sources.

Opinion: Lessons from an election that ended in stalemate

The anticipated “red wave” in this midterm election was more of a light splash. Instead we saw “unprecedented ticket splitting.” Frank Pignanelli and LaVarr Webb — who lean towards opposite sides of the political spectrum — discuss what happened, whether siding with Former Pres. Trump is a winning move and the heated contest between Sen. Lee and Evan McMullin.

Read their recap here.

By the way: Did you know they do a column every week discussing the most important political issues facing Utahns? You can read their past columns here.

More in Politics:

• Surprising midterm election results you might have missed (Deseret News)
• Opinion: When voters speak, democracy listens and waves stand still (Deseret News)
• Perspective: Why Democrats need to worry about women (Deseret News)

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Wasatch Front:

• Salt Lake City's $85M parks and trails bond soars in early election results (KSL)

The West:

• Nevada’s close congressional races could determine control of House and Senate (Deseret News)
• Jared Polis wins second term as Colorado’s governor (Deseret News)
• In the U.S., this critical mineral is found only in Utah and it matters (Deseret News)

The World:

• Russia’s war on Ukraine is destroying the climate, Zelenskyy says (Deseret News)
• Iran government escalates punishment for protesters as death toll climbs to 300 (Deseret News)

Faith:

• Deseret News national politics editor on what the American Family Survey reveals about family, marriage (Church News)

Ski Season:

• Utah resorts race to take advantage as storm produces strong mountain snow figures (KSL)

Culture:

• Of boys and men: Why the modern male is struggling, why it matters and what to do about it (Deseret News)
• Unseen photos of Nazi Kristallnacht released 84 years later. Here’s what they reveal (Deseret News)

Business:

• Why are tech companies slashing workers amid a red-hot U.S. jobs market? (Deseret News)
• Meta is laying off 11,000 employees, Mark Zuckerberg announces (Deseret News)

The Environment:

• Do we really want to pipe water in from California? (Utah Business)

Police and the Courts:

• Supreme Court justices seem to favor most of Native child welfare law (KUER)
• Judge who signed Breonna Taylor warrant loses reelection, blames ‘false narratives’ (The Hill)

Sports:

• Is this former BYU star the MVP of his NFL team? (Deseret News)
• Defensive line recruit Stanley Raass flips his commitment from BYU to Utah (Deseret News)
• This former Utah Jazz point guard has been named head coach of the Brooklyn Nets (Deseret News)

Photo of the Week

Voters line up at Trolley Square in Salt Lake City to cast their ballots in the midterm election on Tuesday, Nov. 8, 2022. | Scott G Winterton, Deseret News