President Biden discusses Inflation Reduction Act funding at Port of Baltimore.
President Joe Biden announced a $3 billion investment into U.S. ports during a speech at the Port of Baltimore this week, where a cargo ship crashed into a bridge at the mouth of the port earlier this year. The Port of Baltimore will be receiving $147 million of this grant funding to continue reconstruction efforts and to install decarbonization technologies within its operations.
“Ports are the linchpin to America’s supply chain. They keep goods moving,” President Biden said during his speech. “But for too long, they’ve run on fossil fuels and aging infrastructure, putting workers at risk and exposing nearby communities to dangerous pollution.″
The president also spoke of the jobs the $3 billion investment will add to the economy. U.S. ports employ over 100,000 union workers, and the funding is expected to add 2,000 jobs.
As the Lord Leads, Pray with Us…
- For the president and administration officials as they allocate infrastructure funding.
- For U.S. import, transport, and port officials to be discerning in the management of the cargo and freight supply chains.
Sources: The White House, CBS News
