Loading...
Market
Will additional federal funding be approved for the Key Bridge reconstruction by the end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official records from the U.S. Congress or federal budget allocations
Story
Congress Approves Full Federal Funding for $2 Billion Key Bridge Reconstruction in Baltimore
Dec 18, 2024, 01:05 AM
Congress has included full federal funding for the reconstruction of Baltimore's Francis Scott Key Bridge in a new spending bill aimed at avoiding a government shutdown. The bill, expected to pass this week, mandates that the federal government cover 100% of the rebuilding costs, a significant increase from the usual 90% federal contribution. This decision comes after a nine-month effort to secure funding for the bridge, which collapsed in March and is estimated to cost $2 billion. Maryland's political leaders, including Senators Ben Cardin and Chris Van Hollen, Congressman Kweisi Mfume, and Governor Wes Moore, have been instrumental in securing this funding, emphasizing the importance of the bridge to the state's recovery and economy.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Federal Government • 25%
State Government • 25%
Private Funding • 25%
Public-Private Partnership • 25%
Yes • 50%
No • 50%
State Government • 25%
Federal Government • 25%
Private Investment • 25%
Public-Private Partnership • 25%
Yes • 50%
No • 50%