Your current location is:{Current column} >>Text
Biden to promote U.S. infrastructure spending in bipartisan Kentucky visit By Reuters
{Current column}521People have watched
Introduction(Adds dropped word in paragraph five.)By David ShepardsonWASHINGTON (Reuters) -Democratic U.S. Presi ...
(Adds dropped word in paragraph five.)
By David Shepardson
WASHINGTON (Reuters) -Democratic U.S. 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,Nationally approved foreign exchange trading platform 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 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.
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.
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 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," 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 U.S. bridges.
Other administration officials including Vice President Kamala Harris will also tout infrastructure awards in other events this week.
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!
Tags:
Related articles
Credit Suisse bond wipe
{Current column}By Chiara EliseiLONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not ...
Read moreScams That Shatter More Than Your Wallet: Jake Emry Exposes 2025’s Top 3 Threats
{Current column}It doesn’t start with a scam. It starts with hope.A better life. A second chance. A connection ...
Read moreA $950 “risk management fee” suddenly appeared on my withdrawal request from 7staroptions
{Current column}This charge was never disclosed during account opening or funding. Despite passing all verification ...
Read more
Popular Articles
- OpenAI CEO's threat to quit EU draws lawmaker backlash By Reuters
- Only with Lucrative Trades would I face a $1,950 “transaction approval surcharge”
- Gambling & Betting Scams
- crypexmastertrades introduced a $2,300 compliance cost without prior notice
- Wall St eyes higher open as inflation data eases rate
- Could ArtisGain justify the sudden $2,050 “final payout processing charge” they demand
Latest articles
-
Biden cheers debt ceiling 'crisis averted' from Oval Office By Reuters
-
crypexmastertrades introduced a $2,300 compliance cost without prior notice
-
Adult Dating Site Scams
-
Watch Out for These 4 PayPal Scams Fooling Users in 2025
-
Wall St opens higher on upbeat Microsoft, Boeing results By Reuters
-
Fake Job Scams