Author Topic: White House announces $12M more in Baltimore bridge funding, calls on Congress to cover full rebuild  (Read 183 times)

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Online mystery-ak

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 White House announces $12M more in Baltimore bridge funding, calls on Congress to cover full rebuild costs
By Social Links for Josh Christenson and
Social Links for Steven Nelson
Published April 5, 2024
Updated April 5, 2024, 1:24 p.m. ET

The White House announced millions of dollars more in funding for the Port of Baltimore on Friday, while calling on Congress to pass additional legislation to cover the full cost of rebuilding the collapsed Francis Scott Key Bridge.

The Transportation Department and Baltimore County, Md. announced an $8.26 million grant will more than double the port’s capacity for cargo vessels carrying cars to and from Sparrows Point southeast of Baltimore City, according to a White House fact sheet.

The Labor Department also released $3.5 million in funding from its Dislocated Worker Grants Program to help train or subsidize workers whose jobs were affected by the bridge disaster, as well as to assist with other clean-up.

The latest grant follows more than $60 million in emergency relief funds from the Federal Highway Administration to assist in the aftermath of the Baltimore bridge’s collapse early on March 26, halting imports and exports out of the busy East Coast port.

The damage caused when the Singapore-flagged MV Dali struck the suspension bridge, causing it to collapse into the Patapsco River could amount to as much as $4 billion, insurance analysts say.

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https://nypost.com/2024/04/05/us-news/white-house-announces-8m-more-in-baltimore-bridge-funding-calls-on-congress-to-cover-full-rebuild-costs/
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An insurance companies bail out.  But why?  $?