President Biden delivers remarks on the bipartisan infrastructure deal in Baltimore — 11/10/21

President Joe Biden delivers remarks in Baltimore Wednesday on how the bipartisan infrastructure deal will deliver by upgrading the U.S. ports and strengthening supply chains.

The Biden administration outlined several initiatives on Tuesday aimed at addressing immediate supply chain challenges and other disruptions affecting global commerce.

Several senior administration officials, who spoke on the condition of anonymity in order to share details of the proposed plans, said the administration will begin work within the next 60 days with the U.S. Army Corps of Engineers on $4 billion worth of construction work at coastal ports, inland waterways as well as other corps-eligible facilities.

The plan will also identify and prioritize $3.4 billion in upgrades to obsolete inspection facilities that will make international trade more efficient through the northern and southern borders, a senior administration official said.

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President Biden delivers remarks on the bipartisan infrastructure deal in Baltimore — 11/10/21

By: CNBC Television
Title: President Biden delivers remarks on the bipartisan infrastructure deal in Baltimore — 11/10/21
Sourced From: www.youtube.com/watch?v=UBuzB5934gM

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