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.'
The collapse of the Francis Scott Key bridge has raised significant safety and infrastructure concerns, prompting swift action from the federal government. Biden's commitment to fully finance the reconstruction underscores the administration's prioritization of infrastructure resilience and public safety.
The President acknowledged that the reconstruction process would require time and resources but assured the public that the government is dedicated to expediting the project. By taking on the financial burden of rebuilding the bridge, the federal government aims to restore critical transportation infrastructure and minimize disruptions for residents and businesses in the Baltimore area.
