Finance Inquirer
No Result
View All Result
Sunday, November 8, 2026
  • Login
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
Subscribe
Finance Inquirer
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
No Result
View All Result
Finance Inquirer
No Result
View All Result
Home Business

Biden is planning to ask Congress for more money to tackle the pandemic as Omicron rages on, report says

Tom Hagler by Tom Hagler
07.01.2022
in Business
Biden is planning to ask Congress for more money to tackle the pandemic as Omicron rages on, report says
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

President Joe Biden.

Kevin Dietsch/Getty Images

  • The White House is preparing to ask Congress for another pandemic spending package, according to The Washington Post.
  • This package would focus on ramping up vaccines, therapeutics, and assisting in global vaccine efforts.
  • Officials told the Post it has sufficient funding to deal with “immediate needs,” but given Omicron, more will likely be needed.

The Omicron surge is showing the country that the pandemic isn’t going away anytime soon — and President Joe Biden will likely need more money to deal with that reality.

The Washington Post reported on Friday that the White House is preparing to ask Congress for another pandemic-related spending package, according to people familiar with the matter. While officials in the Office of Management and Budget told the Post it has sufficient funds to cover the country’s “immediate needs,” the administration has started to put together a longer-term funding request — likely costing tens of billions of dollars — to ramp up vaccine distribution, fund Covid therapeutics, and help with global vaccine efforts.

Given that cases across the country are continuing to rise due to the Omicron variant, White House officials told the Post this funding request will likely be necessary in the coming weeks.

One of Biden’s first major accomplishments in office was the passage of his $1.9 trillion stimulus law, which included over $100 billion in pandemic-related spending. Since then, the administration has acted on other forms of pandemic assistance, most recently doubling its order on the Pfizer Covid pill, and the Post reported on Thursday that USPS is finalizing its order to ship 500 million coronavirus testing kits to households across the country.

But requesting another big spending package could be a heavy lift for the administration. Given inflation in the US that’s squeezing Americans’ wallets, moderate and conservative lawmakers have pushed back against additional spending. This was most recently seen with Biden’s $1.75 trillion Build Back Better proposal that was just tabled by Senate Democrats due to centrist Democratic Sen. Joe Manchin’s inflation concerns.

Still, inflation isn’t stopping the Omicron surge, and Americans need more resources to keep themselves, and others, safe. Insider reported on Wednesday that Omicron is “making people really sick in a different way,” per an ER doctor, with the potential to make preexisting medical conditions worse.

Given that this surge is hitting restaurant and hospitality workers especially hard, lawmakers in Congress are mulling a proposal to pump millions into the restaurant industry, following a $28.6 billion investment in the American Rescue Plan.”

“We did a major relief package that included helping restaurants just last year,” White House Press Secretary Jen Psaki said during a press briefing this week. “We are in constant discussions with Congress and leadership about the needs of the American people — whether they are small businesses or restaurants or people sitting in their homes — as we continue to fight the pandemic.”

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=8_HN7enJKWE:mKRaRdZ32f businessinsider?i=8_HN7enJKWE:mKRaRdZ32f businessinsider?d=qj6IDK7rITs businessinsider?i=8_HN7enJKWE:mKRaRdZ32f

  • Trending
  • Comments
  • Latest
P2Pro: profitable changes are coming!

P2Pro: profitable changes are coming!

13.09.2022
Saving and investing the two keys to your future retirement

Saving and investing the two keys to your future retirement

21.06.2022
The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

01.09.2022
The ranking of countries in terms of the coverage of children with preschool education has been compiled

The ranking of countries in terms of the coverage of children with preschool education has been compiled

03.11.2022
Take the best photos of your life with the new vivo Y76 5G now available

Take the best photos of your life with the new vivo Y76 5G now available

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

AirPods 3 vs AirPods 2 – What’s the Difference?

AirPods 3 vs AirPods 2 – What’s the Difference?

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

A Family debt of €20 million marks a new chapter in Dasha Ozden’s life

04.09.2025

SnapInspect Shares Five Key Factors to Consider When Choosing Property Inspection Software

25.08.2025

Recent News

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

Categories

  • Business
  • Finance
  • News
  • Stock Market
  • Technology
  • Без рубрики

Site Navigation

  • Home
  • Contact Us
Finance Inquirer

We offer multimedia features, easy channel navigation, strong social media presence and numerous engagement platforms that allow the readers to experience content anytime, anywhere, always.

No Result
View All Result
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market

© 2021 financeinquirer.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In