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Biden Wants US Government to Pay to Rebuild Baltimore Bridge

The Maryland Transportation Authority has $350 million in insurance per occurrence for property damage, including to bridges, and for business interruption, it said in a recent statement related to a bond sale.

The collapsed Francis Scott Key Bridge after being struck by the Dali container ship, in Baltimore, on March 26.Photographer: Al Drago/Bloomberg

The collapsed Francis Scott Key Bridge after being struck by the Dali container ship, in Baltimore, on March 26.Photographer: Al Drago/Bloomberg

  • Francis Scott Key Bridge collapsed after being struck by cargo ship
  • Six workers still missing after the disaster early Tuesday
  • Biden wants US to pay to rebuild bridge after ‘terrible accident’
  • Maryland governor says no estimates on when shipping will resume

 

 

"I've directed my team to move heaven and earth to reopen the port and rebuild the bridge."

President Biden responds to the Baltimore bridge collapse, saying the US government should pay to rebuild a major bridge in Baltimore that collapsed Tuesday https://t.co/iP0HNB6Il2 pic.twitter.com/GXWFweJCpn

— Bloomberg (@business) March 26, 2024

 

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Author: Editors Desk

Source: Bloomberg

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