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Metropolitan DC Local Politics
Reply to "Will Baltimore recover from the bridge collapse?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Let’s hope rebuilding the bridge goes better than building the Purple Line.[/quote] It will. The purple line is mostly about helping people. The bridge is more about helping commerce. The bridge might even get rebuilt before the Purple line opens. [/quote] A major problem with the Purple line is that it's planning and construction requires a ton of cross-agency collaboration, plus Hogan's shenanigans with contracting out aspects of it, have made it a logistical $hitshow. The key bridge is just one bridge, entirely owned by and run by one agency (Toll authority). It will be a straightforward project and, since fully federally funded with expedited funds, will actually be an economic boon to the city because of all the jobs created by the reconstruction project.[/quote] Yes, I agree with all of this. I didn’t realize that it will be fully federally funded. That’s great for the city, the county, and the state. [/quote] I think if there is some finding of culpability on the part of the ship operator or others, there will likely also be some cost recovery there rather than taxpayers holding the bag. But for right now they need to get to work on clearing the shipping lane and rebuilding.[/quote] Reuters interviewed Lloyd's of London and they're predicting billions will be paid out and that this may be the largest marine insurance loss in history. Taxpayers will not be on the hook for the whole thing. https://www.reuters.com/business/finance/lloyds-london-sees-multi-billion-dollar-insurance-loss-baltimore-bridge-collapse-2024-03-28/[/quote]
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