Cargo ship Dali is seen after running into and collapsing the Francis Scott Key Bridge on March 26 in Baltimore, Maryland.
While the collapse came as a surprise, nobody should be surprised that Biden’s immediate response was to call for more federal spending. Fortunately, it’s possible for Washington to help Maryland rebuild the bridge without driving the nation deeper into debt. Rather than simply adding to the long-term debt, Congress has many options to repurpose funds from the 2021 bill, including:
• Pulling forward highway and bridge funds from allocations for 2025 and 2026 so they are available for the project starting in 2024.
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