Biden reveals $3 billion monetary funding for United States ports

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(Reuters) – UNITED STATE President Joe Biden on Tuesday launched a $3 billion monetary funding from his Inflation Reduction Act to spice up the nation’s port services.

The monetary funding consists of $147 million in honors for the Maryland Port Administration, which has the Port of Baltimore, the White House said in a declaration.

(Reporting by Disha Mishra in Bengaluru, enhancing and enhancing by Ed Osmond)



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