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At least 85% of the $25 billion Congress approved for coronavirus testing has yet to be disbursed to expand testing
Bob Riha, Jr./Getty Images
- 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.
- Visit Business Insider's homepage for more stories.
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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