On 2 December 2016 , LA 2024 released a new budget estimating it would spend $5.3 billion to stage the Games .
On 23 November 2016 , President - elect Trump expressed his support for Los Angeles 's 2024 Olympic bid during a phone call with Mayor Garcetti .
On 2 December 2016 , Los Angeles 2024 released a new budget estimating Los Angeles would spend $5.3 billion to stage the Games .
On 23 November 2016 , President - elect Trump expressed his support for Los Angeles 's 2024 Olympic bid during a phone call with Mayor Garcetti .