Summary
President Trump's administration and Maryland officials are holding urgent talks about the rising costs of rebuilding the Francis Scott Key Bridge in Baltimore, which now could cost $5.2 billion. The rebuild is crucial after the bridge collapsed in March 2024 due to a ship strike, causing major disruptions. The talks will focus on managing the high costs, legal issues, and ensuring the project remains on track for its 2030 completion.
Key Facts
- The cost to rebuild the Francis Scott Key Bridge could reach $5.2 billion, more than double the original estimate.
- The bridge is important for Baltimore's transportation, connecting commuters, trucks, and the port.
- A container ship hit the bridge in March 2024, leading to its collapse and stopping traffic on Interstate 695.
- The project delays and budget increase pose challenges for federal and state agencies.
- Maryland's handling of transportation projects, including the bridge, is under review by U.S. Transportation Secretary Sean Duffy.
- Rising raw material and labor costs are major reasons for the budget increase, according to Maryland's Transportation Authority.
- Federal data shows highway construction costs have increased by 72% nationwide over five years.
- President Trump's administration has concerns about Maryland's contracting practices, which could lead to legal issues.