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U.S. Senate Negotiators Near Agreement on $10 Billion Round of COVID-19 Funds

Submitted by jhartgen@abi.org on

U.S. Senate negotiators on Thursday were nearing a deal on a $10 billion COVID-19 bill to help the federal government acquire more vaccines and medical supplies as it prepares for future variants of the virus that has upended American life, Reuters reported. Senate Majority Leader Chuck Schumer (D-N.Y.) said that senators were "close to a final agreement" on a bill aiming to shore up stockpiles to be used both domestically and internationally. If a deal is finalized in the coming days, the Senate might be able to pass the bill and send it to the House of Representatives before the start of a spring recess at the end of next week. The amount is a tiny fraction of the $4.6 trillion Congress has approved since early 2020 to fight the virus, much of which was devoted to offsetting its heavy economic hit. Early this month, Congress failed to pass a $15.6 billion relief bill amid Republican opposition to new federal spending. Many Democrats, meanwhile, rebelled against taking back some money earmarked to help state and local governments in order to pay for the new round of coronavirus relief.