AssetID: 55080872
Headline: UNCAPTIONED: Baltimore's Francis Scott Key Bridge Rebuild Could Top $5 Billion
Caption: Baltimore’s Francis Scott Key Bridge Rebuild Could Top $5 Billion. Rebuilding Baltimore’s Francis Scott Key Bridge may exceed $5 billion, more than double Maryland’s initial $1.9 billion estimate. On March 26, 2024, the main spans of the bridge collapsed when the Singapore-registered container ship MV Dali lost power and struck the southwest supporting pier of the main truss section. Rising costs could complicate rebuilding efforts amid President Donald Trump’s threat to withdraw federal funding. Trump criticized Maryland Gov. Wes Moore on social media, questioning whether federal money should cover the bridge. Transportation Secretary Sean Duffy expressed concern about covering all rebuilding costs, comparing it to ordering the most expensive item when someone else pays. Maryland officials emphasize bipartisan efforts and legal measures securing federal funding for the bridge rebuild. Congress previously mandated full federal funding for the project during the final days of President Biden’s administration. Lawmakers are also preparing an emergency supplemental to provide additional funds for the ongoing reconstruction. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Francis Scott Key Bridge,Baltimore,Maryland,bridge rebuild,Donald Trump,Wes Moore,federal funding,Patapsco River,infrastructure,Transportation Secretary
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