Coronavirus outbreak: White House readying emergency budget request

Among the needs is funding to reimburse the Pentagon, which is housing evacuees from China - who are required to undergo 14-day quarantines - at several military bases in California

coronavirus
AP | PTI Washington
2 min read Last Updated : Feb 25 2020 | 3:42 AM IST
The White House is readying an urgent budget request to address the deadly coronavirus outbreak whose rapid spread is spooking financial markets and restricting international travel.

The request is still being developed but is likely to come this week, a senior administration official confirmed Monday. The Department of Health and Human Services has already tapped into an emergency infectious disease rapid response fund and is seeking to transfer more than $130 million from other HHS accounts to combat the virus but is pressing for more.

Among the needs is funding to reimburse the Pentagon, which is housing evacuees from China — who are required to undergo 14-day quarantines — at several military bases in California.

Democrats controlling the House wrote HHS Secretary Alex Azar earlier this month to request funds to help speed development of a coronavirus vaccine, expand laboratory capacity, and beef up screening efforts at US entry points. Azar is slated to testify before the Senate Appropriations Committee on Tuesday, and the US response to the outbreak is sure to be a major topic.

The White House budget office, led by Russell Vought, a stout conservative, is working with HHS to shape the request, with the agency seeking more than the White House is likely to approve. There is a receptive audience for the request on Capitol Hill, though stand-alone emergency spending bills can be tricky to pass since they are invariably a target for lawmakers seeking add-ons.

The quickly spreading virus has slammed the economy of China, where the virus originated, and caseloads are rapidly increasing in countries such as South Korea, Iran, and Italy.

The official required anonymity because the request is not public. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :CoronavirusWhite House

Next Story