The city hosted the Games back in 1932 and 1984, and there are stadiums already built for another summer games event around the area.
U.S. Olympic Committee officials want an official bid to send on to their international counterparts within the next few weeks.
Meanwhile, the USOC says there is plenty of local support in the city’s bid to host the Games: 81 percent of people asked say they have a positive opinion about the city hosting the games, even with the possibility that there could be cost overruns that cost the city (i.e. taxpayers) money.
Former LA City Council member and LA County Supervisor Zev Yaroslavsky told KCRW’s Warren Olney that he believes the city should focus on more important things in the near term.
Is the fact that taxpayers will be stuck with unexpected costs causing the Olympic flame to dim?
Mike Gorrell is a reporter at the Salt Lake Tribune, which serves the city that hosted the Winter Games of 2002.
And Alan Abrahamson is the founder and columnist of 3 Wire Sports, a blog about the Olympic movement and international sports.
Both joined us for the Mixer.