Feds to completely fund rebuilding of Key Bridge, Maryland senators say

Maryland lawmakers said earlier this week that the federal government will completely fund the rebuilding of the Francis Scott Key Bridge.

Democratic Maryland Sens. Ben Cardin and Chris Van Hollen said that funding for rebuilding the Baltimore bridge is in the latest continuing resolution, which lawmakers have yet to approve.

Congress has until Dec. 20 to pass a stopgap to fund the government until March of next year.

"With the inclusion in the Continuing Resolution of our Baltimore BRIDGE Relief Act, Congress is now committed to covering the full cost of replacing the bridge," the senators said in a joint statement, according to CBS News. 

"This will allow the bridge to be built as quickly as possible," the statement continued. "Our provision also ensures that the federal taxpayers will be reimbursed through proceeds from insurance payments and litigation taken on by the Department of Justice, the Maryland Attorney General and others."

In April of this year, a container ship lost power and ended up colliding with the bridge, resulting in the collapse.