Coronavirus response: Breaking down the $8.3 billion emergency spending bill Trump signed
Donald Trump signed an $8.3 billion spending billon Friday that will help fund the U.S. response to the coronavirus outbreak.
As the president signed the bill, he told reporters: “I asked for two and a half and I got 8.3 [billion dollars] — and I’ll take it.”
While it’s unclear where exactly the money will come from, here’s a breakdown of where the money’s going:
The bill includes more than $3 billion for research and development of vaccines, as well as more than $800 million for research for treatments.
More than $2 billion is slated for the Centers for Disease Control and Prevention, and $61 million to the U.S. Food and Drug Administration.
The U.S. Agency for International Development would receive more than $1 billion.
More than $1 billion will go to the state and local public heath efforts including community health centers and state and local governments.
It also authorizes roughly $500 million to allow for Medicare providers to administer telehealth services.
https://finance.yahoo.com/news/coronavirus-response-emergency-spending-bill-183621630.html