Democratic, Republican Senate negotiators reach $10B COVID-19 deal

Democratic, Republican Senate negotiators reach $10B COVID-19 deal

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

Senate Majority Leader Chuck Schumer (D-N.Y.) said the deal would give the administration “the tools we need” to continue fighting the disease. Sen. Mitt Romney (R-Utah) touted the budget savings of what he said meant its measure “would not cost the American people an extra dollar.”

According to fact sheets distributed by Schumer and Romney, the two biggest negotiators, at least half of the measures must be used to research and produce treatments for the disease.

The money will also be used to buy vaccines and tests. At least $750 million will be used to research new COVID-19 variants and expand vaccine production, the description said.

The deal was reached with party leaders hoping to push legislation through Congress this week before lawmakers leave their two-week spring recess. It also comes with a new omicron variant, BA.2, which is expected to trigger a new increase in U.S. cases.Approximately 980,000 Americans and more than 6 million people worldwide have Died from COVID-19.

Schumer accused the GOP of a lack of global aid, saying he was “disappointed that our Republican colleagues could not agree to include the $5 billion in the earlier version of the measure.” Members of both parties hope to develop a second spending measure this spring, which could include funding to fight COVID-19 and hunger overseas, as well as more aid for Ukraine as it continues to battle a Russian invasion, he said.

Romney suggested being open to considering future COVID-19 funding. “While the agreement does not include funding for the U.S. global vaccination program, I am open to exploring a fiscally responsible solution to support global efforts in the coming weeks,” he said.

The deal is slashed from $22.5 billion under President Joe Biden initial request, and the $15 billion version negotiated by the leaders of the two sides last month. House Speaker Nancy Pelosi (D-Calif.) abandoned that plan That comes after Democratic lawmakers rejected a proposal to cut state pandemic aid to help pay for the package.

The $15 billion plan includes about $5 billion for the global effort to fight COVID-19, which is rampant in many countries, especially poorer ones. Overall prices have shrunk, as has global funding, as the two sides could not agree on more than $10 billion in budget savings.

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