Connect with us

Hi, what are you looking for?

Universal Financial DomeUniversal Financial Dome

World

Biden to promote US infrastructure spending in bipartisan Kentucky visit

 – Democratic US President Joe Biden will join Republican Senate Minority Leader Mitch McConnell in a Wednesday event in Kentucky aimed at highlighting the effects of the $1 trillion 2021 infrastructure bill, a White House official said Sunday.

The pair, along with Republican Ohio Governor Mike DeWine and Democratic Kentucky Governor Andy Beshear, are to appear at a ceremony highlighting the $1.64 billion in funding awarded to for the Brent Spence Bridge Corridor Project connecting the two states across the Ohio River.

Funding for the crossing includes a new bridge and rehabilitation of the heavily congested 60-year-old one.

The new bridge is intended to rehabilitate a heavily congested 60-year-old span and add a second crossing.

Mr. McConnell, of Kentucky, was among the Republicans who voted for the infrastructure law, which was passed in November 2021, while many House Republicans including Representative Kevin McCarthy opposed it.

Mr. McConnell said last week in a statement that “building a new companion bridge on the Brent Spence Bridge corridor will be one of the bill’s crowning accomplishments.”

The event is set to take place the day after Mr. McCarthy’s Republicans take the majority in the House, breaking Democrats’ control of Congress and ushering in a period of divided government.

Kentucky and Ohio had sought funding for the project for years.

“This project will not only ease the traffic nightmare that drivers have suffered through for years, but it will also help ensure that the movement of the supply chain doesn’t stall on this nationally significant corridor,” Mr. DeWine said.

Then President Barack Obama visited the crossing in 2011 and urged Congress to pass a jobs bill costing billions of dollars that he said could include rebuilding the bridge, which by then had already been declared functionally obsolete.

During his 2016 run for the White House, Donald Trump backed funding for the project, but he failed during his four years in office to secure money for it or to pass the big infrastructure bill he repeatedly promised.

The 2021 infrastructure law includes $27 billion over five years to fix and replace thousands of aging US bridges.

Other administration officials including Vice President Kamala Harris will also tout infrastructure awards in other events this week. – Reuters

Advertisement

    You May Also Like

    Sports

    Tough start to the week for Charlie Woods, and it had nothing to do with his golf game. While warming up for Friday’s pro-am...

    Sports

    The Buffalo Bills know safety Damar Hamlin, who has recovered from collapsing after a cardiac arrest during a game on Jan. 3, wants to...

    Sports

    The Boston Bruins’ record-setting 65 wins and 135 regular-season points have rolled back to zero. The big number now is 16, the number of...

    World

    WASHINGTON — The United States scrambled F-16 fighter jets in a supersonic chase of a light aircraft with an unresponsive pilot that violated airspace...

    Disclaimer: UniversalFinancialDome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 UniversalFinancialDome.com | All Rights Reserved