Obama to Denmark to Pitch Chicago to IOC

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President Obama heads to Denmark late Thursday to make his Olympic pitch for his adopted hometown of Chicago.

Aides say the president will spend one-on-one time with International Olympic Committee members before taking part in Chicago's closing presentation.

"What having the games in your country does, it enables you to go down a path where you can just create further opportunity for programs, for legacy building, for building international relationships, for the United States to demonstrate our commitment to the Olympic movement," said Stephanie Streeter, the U.S. Olympic Committee's acting CEO.

The IOC needs the U.S. since the biggest portion of its revenue comes from NBC's $2.2 billion broadcasting deal for the games in 2010 and 2012. The group resents that fact and there's a sore spot over the Salt Lake City bid scandal.

But the main issue between the IOC and the USOC is money and it has been a flashpoint for years. The problem flared up at the beginning of this year, even threatening Chicago's bid -- that's when the Obamas stepped in to help.

First Lady Michele Obama arrived in Denmark Wednesday. She is already working the committee in VIP meetings and one-on-one appointments.

Chicago hopes to beat out Rio, Madrid and Tokyo to host the 2016 Olympic Summer Games.

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