Posted on 03/28/2024 11:05:06 AM PDT by ChicagoConservative27
Maryland lawmakers are expecting the federal government to cover the lion’s share of the cost of the collapse and subsequent rebuilding of Baltimore’s Francis Scott Key Bridge — with Congress potentially on the hook for only a fraction of the total as talk about an emergency supplemental bill increases.
Sen. Chris Van Hollen (D-Md.) told reporters that roughly 90 percent of the bridge’s reconstruction will be paid for via the Federal Highway Administration’s emergency fund, which has about $950 million and is replenished yearly with $100 million. The state sent a letter to the federal government Wednesday saying it will look to use money from that fund to pay for that process.
What work Congress will need to do on this subject remains unclear because Van Hollen and other Maryland members are awaiting a full recovery cost assessment before they make any asks of colleagues.
“They’re doing that assessment right now,” Van Hollen told reporters on Capitol Hill. “I don’t know exactly when, but I assume it will be in the coming days. It will be a rough estimate.”
(Excerpt) Read more at thehill.com ...
I would agree but I doubt the shipping company had Lloyd’s cover the vessels liability with anywhere near enough to cover the rebuild.
Oh, yeah? Our president sez there wuz! He should know because he rode on those tracks for years.
LOL!
Old Lunch Bucket Joe has ridden the rails to the Land of Oz, many times.
Just depends on how much Adderall and Prevagen he gets in the IV Drip.
If he *says* he did, then I guess he did, in his drug-boosted mind. LOL. Probably got an ‘extra helping’ of Adderall and Prevagen in that IV Drip.
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