Rahm Emanuel's office held a press briefing yesterday on this May's NATO/G8 summits revealing that the events' host committee must raise between $45 million to $60 million to supplement security costs and run social events. The exact figure depends on how much the federal government picks up -- the Dept. of Homeland Security designated the dual summits a National Security Special Event.

Emanuel's office stresses this money will come from outside donors, not Chicago taxpayers. As Crain's Greg Hinz notes, the pledge is reminiscent of then-Mayor Richard Daley saying in 2009 that taxpayers wouldn't have to pay if Chicago got the 2016 summer Olympics (another summit/Olympic parallel: Lori Healey, head of the summit host committee, was president of the Chicago 2016 Committee).

Emanuel also announced yesterday the first "protest permit" that will allow an anti-NATO/G8 coalition to march from Daley Plaza to approximately McCormick Place, where the summit takes place.