Pelosi Statement on Coronavirus Emergency Response Bill
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.”