How much will Chicago's new digital manufacturing institute end up costing taxpayers? 

President Obama and Mayor Emanuel tout a $70 million grant for a site that already received $10 million in public subsidies.

Among those celebrating the $70 million federal grant for a new digital manufacturing institute were Mayor Rahm Emanuel, Senator Dick Durbin, and Caralynn Nowinski, chief operating officer of UI Labs, the nonprofit overseeing the venture.

Among those celebrating the $70 million federal grant for a new digital manufacturing institute were Mayor Rahm Emanuel, Senator Dick Durbin, and Caralynn Nowinski, chief operating officer of UI Labs, the nonprofit overseeing the venture.

Brian Slodysko/Sun-Times Media

For the last several weeks, Mayor Emanuel, Governor Quinn, and various civic and corporate big shots have been pounding each other on the back for bringing Chicago a $70 million shipment of federal pork—otherwise known as a Defense Department grant. The money…

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