Trump Signs $8.3 Billion Coronavirus Funding Measure

President Donald Trump has signed an appropriations bill that allocates $8.3 billion to various arms of the federal government to fight the spread of SARS-CoV-2, the coronavirus that causes COVID-19. Trump's ratification of the Coronavirus Preparedness and Response Supplemental Appropriations Act came hard on the heels of its overwhelming bipartisan approvals in both the House of Representatives and the Senate.

Most of the funding will be channeled into the Department of Health and Human Services, to be dispersed to various branches involved in the effort to contain the rapidly spreading disease. Several other federal agencies will also receive monies for the same purpose, among them the State Department and the U.S. Agency for International Development (USAID).

President Trump, flanked by Secretary of Health and Human Services Alex Azar, signs the coronavirus bill into law. Image source: The White House

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Source Fool.com