Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

Biden Pledges Swift Reconstruction of Collapsed Baltimore Bridge

Biden Pledges Swift Reconstruction of Collapsed Baltimore Bridge
USA USA
Biden Pledges Swift Reconstruction of Collapsed Baltimore Bridge
USA USA

Listen to the article now

Biden Pledges Swift Reconstruction of Collapsed Baltimore Bridge

Following a deadly bridge collapse in Baltimore that claimed the lives of six workers and disrupted vital port operations, US President Joe Biden has pledged comprehensive federal support to aid in the city’s recovery efforts. Addressing the devastation caused by the collapse, which also trapped a significant ship in Baltimore’s bustling port, Biden assured residents and stakeholders of his administration’s commitment to facilitating the rebuilding process.

The president’s remarks underscored the gravity of the situation, acknowledging the immediate need for substantial financial assistance. While $60 million has been allocated for initial cleanup endeavors, the final cost of restoring the waterway and reconstructing the bridge is anticipated to be significantly higher, potentially reaching hundreds of millions or even billions of dollars. In response, Biden affirmed his intent to secure federal funding to cover the entire reconstruction project, urging Congress to expedite the authorization process to ensure swift action.

During his visit to Baltimore, Biden expressed empathy for the families of the victims and solidarity with the city’s resilient community. Accompanied by state officials, he conducted an aerial survey of the collapse site and met with emergency responders to assess the situation firsthand. Emphasizing the urgency of the reconstruction efforts, Biden pledged to mobilize resources to rebuild the bridge expeditiously, leveraging union labor and domestic materials to ensure the project’s timely completion.

The president’s visit also served as a poignant reminder of the human toll of the tragedy, with the recovery of a third victim’s body underscoring the ongoing search and rescue efforts. Biden paid tribute to the workers who lost their lives, recognizing their invaluable contributions to the city and vowing to honor their memory through continued recovery endeavors.

In addition to federal support, Biden called upon private sector partners, including major corporations like Amazon and Home Depot, to contribute to the recovery efforts, emphasizing the port’s integral role in sustaining thousands of jobs and supporting local businesses. Furthermore, his administration remains committed to exploring all avenues for cost recovery, signaling a comprehensive approach to addressing the financial implications of the disaster.

As Baltimore grapples with the aftermath of the bridge collapse, Biden’s visit and commitment to decisive action offer a ray of hope amid the devastation. While the road to recovery may be fraught with challenges, the president’s unwavering pledge to “move heaven and earth” reflects a resolute determination to rebuild the city and restore its vital infrastructure for the benefit of its residents and the broader community.


Comment Template

You May Also Like

Politics

  Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...

Politics

ABC announced a September 10 discussion between Republican presidential nominee Donald Trump and Democratic challenger Kamala Harris. Trump requested further debates on September 4...

Business

U.S. short-seller Hindenburg Research claimed that India’s market regulator head, Madhabi Puri Buch, invested in Adani Group-used offshore funds. Buch rejected the report’s charges...

Business

Cisco According to those in the know, the American networking equipment manufacturer will lay off thousands of workers again this year as it prioritizes...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok