Biden Approves Emergency Funds After Baltimore Port Bridge Collapse Disrupts Major Economic Hub

• Gov. Moore warns collapse of Baltimore bridge could have national economic impacts, affecting farmers, auto dealers, restaurants, etc. due to port's importance • Bridge collapse resulted in 6 deaths after container ship hit bridge on March 26 • Port of Baltimore is one of the 10 busiest in the U.S. and instrumental for economic growth • Biden admin approved initial $60 million in emergency funds to support operations and debris removal • In 2022, port handled 20% of U.S. coal exports and $80 billion in foreign exports, but timeline for repairs still unclear