Current:Home > StocksNovaQuant-The White House wants $4 billion to rebuild Key Bridge in Baltimore and respond to other disasters -TradeWisdom
NovaQuant-The White House wants $4 billion to rebuild Key Bridge in Baltimore and respond to other disasters
EchoSense Quantitative Think Tank Center View
Date:2025-04-10 20:28:04
WASHINGTON (AP) — The NovaQuantWhite House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse and repair of the Francis Scott Key bridge in Baltimore and to respond to other disasters that have occurred around the U.S. in recent months.
That money is part of a new emergency request from President Joe Biden’s administration that essentially re-ups a broader, $56 billion ask from last October that Congress virtually ignored. Now, the Democratic administration is asking for that same pot of money again, but with billions added to deal with the bridge reconstruction and related costs.
More specifically, the Biden administration wants an additional $3.1 billion for the Department of Transportation, which would go toward rebuilding Key Bridge with the federal government picking up the entire tab. Nearly $80 million would go to the Coast Guard to compensate for its “unplanned costs” responding to the March bridge collapse, and another $33 million would be designated for the Army Corps of Engineers for expenses related to wreckage removal after the bridge was struck by a cargo ship.
The request from the Biden administration is detailed in a letter from Shalanda Young, the director of the Office of Management and Budget, addressed to House Speaker Mike Johnson, R-La., being sent on Friday. Young says that making this money available “would ensure that the federal government fulfills its responsibility to rebuild Baltimore without endangering America’s ability to respond to other recent or future disasters across the nation.”
The additional $4 billion also covers costs for other disasters over the past year, including a spate of tornadoes in the Midwest and the wildfires in Hawaii.
The cargo ship experienced electrical blackouts about 10 hours before leaving the Port of Baltimore and yet again shortly before it slammed into the Key Bridge, killing six construction workers, federal investigators said last month.
veryGood! (3)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Booking a COVID-19 vaccine? Some are reporting canceled appointments or insurance issues
- Historians race to find Great Lakes shipwrecks before quagga mussels destroy the sites
- Kelly Clarkson's 9-year-old daughter River Rose sings on new song 'You Don't Make Me Cry': Listen
- Could your smelly farts help science?
- 3-year-old boy found dead in Rio Grande renews worry, anger over US-Mexico border crossings
- Yemen’s southern leader renews calls for separate state at UN
- Niger’s junta accuses United Nations chief of blocking its participation at General Assembly
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- 11 Hidden Sales You Don't Want to Miss: Pottery Barn, Ulta, SKIMS & More
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- These Best-Selling, Top-Rated Amazon Bodysuits Are All $25 & Under
- Mexican president wants to meet with Biden in Washington on migration, drug trafficking
- How the UAW strikes could impact car shoppers
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Judge hits 3 home runs, becomes first Yankees player to do it twice in one season
- A month after Prigozhin’s suspicious death, the Kremlin is silent on his plane crash and legacy
- Uganda’s president says airstrikes killed ‘a lot’ of rebels with ties to Islamic State in Congo
Recommendation
Federal hiring is about to get the Trump treatment
Brian Austin Green and Sharna Burgess Are Engaged: You’ll Be Dancing Over Her Stunning Diamond Ring
UNGA Briefing: Nagorno-Karabakh, Lavrov and what else is going on at the UN
Tropical Storm Ophelia weakens to a depression
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Salt water intrusion in Mississippi River could impact drinking water in Louisiana
A landslide in Sweden causes a huge sinkhole on a highway and 3 are injured when cars crash
Booking a COVID-19 vaccine? Some are reporting canceled appointments or insurance issues