Connect with us

Breaking News

The Biden Administration’s COVID Funding Is Nearly Out



Close up of piggy bank, wearing protective face mask | The Biden Administration’s COVID Funding Is Nearly Out | featured

Last Tuesday, the Biden administration warned that they are running out of COVID funding. Without a new infusion of money, they will have trouble bankrolling COVID testing, treatment, and vaccines.

RELATED: Medicare Recipients Can Avail Up to 8 Free COVID Test Kits

White House Appeals For Additional COVID Funding

The White House at night | White House Appeals For Additional COVID Funding

The Biden White House said on Tuesday that without a new budget, the US’s current COVID funding will dry up soon.

By next week, the country won’t have enough booster shots and treatments for Americans. That is if Congress fails to pass the $22.5 billion new COVID funding. 

 On a call with reporters, senior administration officials said that the country faces another wave of COVID infections in the coming months.

This is even after the country experienced a dramatic decline in the number of daily cases, hospitalizations, and deaths. In other countries such as the UK, Germany, and China, COVID infections are on the rise once again. 

Urgent COVID Funding Needed To Head Off Potential Outbreaks

Officials from President Joe Biden’s administration are warning that they need urgent COVID funding to head off another coronavirus wave. However, even their allies don't seem to view the request with urgency.

Last week, House Democrats removed $15 billion in coronavirus spending from a broader budget bill. This is after they failed to reach a bipartisan agreement with Republicans.

The GOP insisted on offsetting new COVID funding by reducing budgets for state and local governments. This is a demand not many Democrats are willing to accept. 

If new COVID funding requests fail, the federal government won’t have the money to buy vaccines or antiviral pills. The government will have to make do with the 20 million already ordered from pharma supplier Pfizer.  

No More Funds For COVID Testing and Monoclonal Antibody Treatments

The funds for monoclonal antibody treatments are gone as well. This includes a new order planned for later this March.

Once Congress confirms it won’t have any more new COVID funds, the federal government will need to start reducing allocations. Each state will need to reduce its allocations of monoclonal antibody treatments by30% starting next week. 

Testing for COVID will also suffer. Right now, the federal government only has enough testing capacities to last until June.

However, a new outbreak can wipe out stocks long before June. The omicron wave last January depleted stocks of at-home tests and in-person clinics. 

Uninsured Americans Will No Longer Have COVID Coverage

The current COVID fund will completely end in early April. This means uninsured Americans will no longer have coverage for vaccinations.

More importantly, uninsured Americans will no longer have coverage for COVID testing and treatments. The fund that covers these Americans will stop accepting new claims by the end of March.

This will force health care providers to either absorb the costs or refuse patients without the money to pay. 

The lack of new COVID funding also means that the US will also lose its surveillance and research capabilities. It won’t have the advantage of funding that helped the country stay on top of how the virus mutated.

In addition, the funds needed to develop an all-around COVID vaccine and support for developing nations will disappear.  

Watch the ABC 15 Arizona news video reporting that COVID-19 funding to end Tuesday will impact uninsured Americans:

What do you think will happen if federal COVID funding runs out?

View Results

Loading ... Loading ...

What do you think will happen when COVID funding dries up in the US? Will COVID become one of those diseases that Americans will need to pay for their treatment?

Tell us what you think about the lack of federal COVID funding. Share your comments below.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2022 Breaking News Alerts. This copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.