At least 85% of the $25 billion Congress approved for coronavirus testing has yet to be disbursed to expand testing - Creak News

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At least 85% of the $25 billion Congress approved for coronavirus testing has yet to be disbursed to expand testing

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  • A very small fraction of the money approved by Congress to boost coronavirus testing has actually spent yet, the The Wall Street Journal reported. 
  • Congress approved the funding in April, and as of August 14, only about 10% to 15% of those funds were spent or committed to the cause. 
  • In May, $10.25 billion of the allocated amount was sent to states and US territories. As of August 14, only $121 million had been drawn from the fund. 
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Only about 10% to 15% of the $25 billion dollars approved by Congress to boost coronavirus testing has been spent or committed to an effort, The Wall Street Journal reported. 

Congress set aside around $25 billion in April to be given to federal agencies and states so they could expand COVID-19 testing and contact-tracing, however according to the Department of Health and Human Services, months after the funds were approved, only a fraction of it has actually been used. 

See the rest of the story at Business Insider

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