US running out of funding for Biden’s goal of millions of vaccine jabs worldwide

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White House officials revealed it would take at least $3 billion this year and $7 billion next year to fund the effort, which is being overseen by the US Agency for International Development.

it would take at least $3 billion this year and $7 billion next year to fund the effort, which is being overseen by the US Agency for International Development. , enacted in March, in vowing to ensure deployment and administration of vaccines to 70 percent of the world’s population by mid-2022.

The officials claimed that USAID has either already used the money from the American Rescue Plan or set it aside for several months into 2022 to help nations prepare to receive and distribute the vaccines. Officials assisting in the work are concerned the effort could halt in the spring if additional funding is not provided, allowing for newer and more transmissible variants of COVID-19 to emerge and spread. fails to provide adequate protectionUSAID is reportedly looking at several options to find the funding, including taking money from other agency programs and working with Congress for legislation to provide specific funds.

 

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