- The White House is seeking $44.5 billion in emergency funding from Congress for Covid-19 and monkeypox and back Ukraine, the Wall Street Journal reported citing administration officials.
- The White House is asking about $22.4 billion for Covid-19 vaccines, trials, and testing; $3.9 billion to fight against monkeypox; and $4.5 billion to prepare for and recover from natural disasters.
- The administration is also asking for $13.7 billion to continue supporting Ukraine.
- Last month, the White House Covid-19 Response Coordinator said the Biden administration would stop buying COVID-19 vaccines and treatments as the U.S. plans to get out of the crisis phase.
- Congress must vote on a spending bill by the end of September to avoid a partial government shutdown as the lawmakers expect to use a stopgap funding measure that will help maintain funding levels for the short term.
- Spending bills require 60 votes, and in the 50-50 Senate, at least 10 Republicans would need to back any bill that contained the administration’s request.
- In May, Congress passed a nearly $40 billion military and economic aid package to help Ukraine, and lawmakers expect further funding needs as the war continues.
- Photo via Wikimedia Commons
BNTXBioNTech SE
$122.023.51%
BVNKFBavarian Nordic AS
$24.66-%
BVNRYBavarian Nordic AS
$8.07-0.68%
EBSEmergent BioSolutions Inc
$7.921.02%
GOVXGeovax Labs Inc
$1.778.59%
GSKGSK PLC
$36.640.22%
JNJJohnson & Johnson
$162.401.70%
LLYEli Lilly and Co
$872.29-0.10%
MRNAModerna Inc
$35.535.33%
PFEPfizer Inc
$26.281.47%
SIGASIGA Technologies Inc
$5.91-3.51%
TNXPTonix Pharmaceuticals Holding Corp
$9.34-3.38%
VIRVir Biotechnology Inc
$9.961.63%
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in