President Joe Biden announced on Tuesday that the federal government will cover the entire cost of rebuilding the Francis Scott Key bridge in Baltimore, which collapsed earlier that morning. Speaking from the White House, Biden expressed his intention for the government to fund the reconstruction efforts, emphasizing the need for Congress to support this initiative.
Addressing concerns about the responsibility of the company that owns the container vessel Dali, which collided with the bridge and triggered its collapse, Biden made it clear that the government would not wait for external parties to take action. He stated, 'We're not going to wait for that to happen. We're going to pay for it -- to get the bridge rebuilt and reopened.'