Democratic and Republican Senate Negotiators Reach $10 Billion Deal on COVID-19

Senate negotiators reached an agreement on a reduced $10 billion package to counter COVID-19, leading Democratic and Republican negotiators said Monday, but the measure cut all funding to help countries abroad fight the pandemic.

Senate Majority Leader Chuck Schumer (R-NY) said the deal would give the government “the tools we need” to continue fighting the disease. Senator Mitt Romney (D-Utah) trumpeted the budget cuts to the extent that he said they meant it. “won’t cost the American people a single extra dollar.”

According to newsletters distributed by Schumer and Romney, the two leading bidders, at least half of the measure must be used to research and produce therapeutics to treat the disease.

The money will also be used to buy vaccines and tests. The descriptions say that at least $750 million will be spent to research new variants of COVID-19 and expand vaccine production.

The deal is with party leaders who hope to get the bill through Congress this week before lawmakers leave for a two-week spring break. It also comes with BA.2, a new omicron variant that is expected to cause a new rise in US cases. About 980,000 Americans and more than 6 million people worldwide have died from COVID-19.

Schumer blamed the Republican Party for the lack of global aid, saying he was “disappointed that our fellow Republicans were unable to agree to include the $5 billion” from an earlier version of the measure. He said members of both parties want to develop a second spending measure this spring that could include funds to fight COVID-19 and hunger abroad, as well as more aid to Ukraine, which continues to struggle with the Russian invasion.

Romney suggested looking into future money to fight COVID-19. “While this agreement does not include funding for the US global vaccination program, I am prepared to explore a financially responsible solution to support global efforts in the coming weeks,” he said.

The agreement is a significant reduction in the $22.5 billion originally requested by President Joe Biden and the $15 billion version that leaders on both sides agreed to last month. Speaker of the House Nancy Pelosi (R-Calif.) dropped the plan after Democratic lawmakers rejected a proposal to cut state aid for the pandemic to help pay for the package.

The $15 billion plan included about $5 billion in global efforts to combat COVID-19, which is rampant in many countries, especially poorer ones. The overall price has declined and global money has fallen as the two sides have failed to agree on more than $10 billion in savings in the budget to pay for it.

Source link

Leave a Reply

Your email address will not be published.

Back to top button