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Bloomberg Talks

Maryland Governor Wes Moore Talks Bridge, Port Restoration Efforts

Apr 11, 2024
Maryland Governor Wes Moore discusses efforts to rebuild the Francis Scott Key Bridge and restore full service at the Port of Baltimore. Topics include federal aid for bridge reconstruction, importance of the port to the economy, bipartisan collaboration, and urgent actions needed to resume operations.
09:56

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Quick takeaways

  • Rebuilding the Francis Scott Key Bridge is crucial for connecting residents, supporting port operations, and restoring daily life disruptions.
  • Bipartisan efforts are essential for urgent bridge and port restoration to prevent economic catastrophe and facilitate swift rebuilding processes.

Deep dives

Funding the Bridge Recovery and Rebuild

President Biden has committed to funding the rebuilding of the Baltimore Bridge, recognizing the significant economic impact of the Port of Baltimore, which contributes about $70 billion to the American economy. The bridge collapse resulted in a human and economic catastrophe, emphasizing the urgent need for bipartisan efforts to reopen the port and rebuild the bridge. Governor Westmore highlights the complexity of the operation due to wreckage blocking the river but aims for full port functionality by the end of May.

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