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Free AccessWhite House Seeking COVID-19 And Ukraine Funding In "Lame Duck" Congress
The Washington Post has reported that the Biden administration is seeking a large new funding package for COVID-19 before the new Congress gavels-in, in January.
- The package is understood to be part of a broader package of funding which is also likely to include more funding for Ukraine and come as part of a Democrat push to legislate as many high priority items before a Republican majority takes over the House of Representatives.
- Also on the agenda will be a FY23 package and debt ceiling expansion.
- WaPo: "Biden officials are finalizing a request for about [USD]$10 billion in additional public health funds by year’s end, part of a larger request that would also include funding for Ukraine..."
- The White House saw attempts to secure additional COVID-19 funding blocked by the GOP from inclusion in the government funding continuing resolution during an acrimonious pre-midterm session of Congress.
- Senate Minority Whip John Thune (R-SD) said in September there was, “zero interest in Covid or monkeypox” funding among Senate Republicans."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.