Pelosi Statement on Coronavirus Emergency Response Bill
Summary
This March 4, 2020 press release from the Speaker's Press Office carries a statement by Speaker Nancy Pelosi on the release of the coronavirus emergency response supplemental funding bill. The statement says negotiators reached a bipartisan, bicameral agreement on a package of $8.3 billion of entirely new funds and credits appropriations negotiators under Chairwoman Nita Lowey. It says the bill commits more than $3 billion to treatments and a coronavirus vaccine, plus an additional $300 million so Americans can get the vaccine regardless of ability to pay, and $2.2 billion for public health prevention, preparedness and response. It also describes telemedicine for Medicare providers at an estimated cost of $500 million and an estimated $7 billion in low-interest SBA loans to small businesses.
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“Pelosi Statement on Coronavirus Emergency Response Bill | Representative Nancy Pelosi.”
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Pelosi Statement on Coronavirus Emergency Response Bill March 4, 2020 Press Release Contact: Speaker's Press Office, 202-226-7616 Washington, D.C. – Speaker Nancy Pelosi released this statement on the release of the coronavirus emergency response supplemental funding bill: "Americans urgently need a coordinated, fully-funded, whole-of-government response to keep us safe from the widening coronavirus epidemic. We can do that now because today we reached a bipartisan, bicameral agreement on an emergency coronavirus response funding package of $8.3 billion of entirely new funds, thanks to our appropriations negotiators under Chairwoman Nita Lowey. "We commit more than $3 billion to the development of treatments and a coronavirus vaccine and include an additional $300 million to ensure Americans will have access to the vaccine regardless of their ability to pay. The legislation protects against price-gouging of these medicines developed with taxpayer dollars by ensuring that the federal government will only pay a fair and reasonable price for coronavirus vaccines and drugs and providing HHS the authority to ensure that they are affordable in the commercial market. "We are providing $2.2 billion in public health funding for prevention, preparedness and response, including nearly a billion dollars specifically to alleviate the immense financial strain on state, local, tribal and territorial hospitals and health systems. To protect public health, the bill will allow Medicare providers to extend telemedicine services to seniors regardless of where they live, at an estimated cost of $500 million. The bill also allows an estimated $7 billion in low-interest SBA loans to small businesses impacted by this epidemic. "The House will now move swiftly to pass this vital coronavirus emergency response package." # # # Issues : Health Care
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