What's Next for LA's Olympic Bid?

Los Angeles has done it twice before. Are we up for another go round? Yesterday the US Olympic Committee officially accepted Los Angeles as the US bidder for the 2024 Summer Games.

LA came from behind after first losing to Boston, then roared back into contention after that city dropped out in the face of outcries over cost. Now cost is a big part of the story here. Olympics booster Mayor Garcetti will have to convince City Council that the $6 billion price tag for the games is realistic and worth it. David Wallechinsky, president of the International Society of Olympics Historians, joins us from Lausanne, Switzerland.