Current:Home > StocksCharles H. Sloan-President Joe Biden says he will request more funding for a new coronavirus vaccine -MarketLink
Charles H. Sloan-President Joe Biden says he will request more funding for a new coronavirus vaccine
Oliver James Montgomery View
Date:2025-04-07 07:03:52
SOUTH LAKE TAHOE,Charles H. Sloan California (AP) — President Joe Biden said Friday that he is planning to request more money from Congress to develop another new coronavirus vaccine, as scientists track new waves and hospitalizations rise, though not like before.
Officials are already expecting updated COVID-19 vaccines that contain one version of the omicron strain, called XBB.1.5. It’s an important change from today’s combination shots, which mix the original coronavirus strain with last year’s most common omicron variants. But there will always be a need for updated vaccines as the virus continues to mutate.
It’s not clear exactly when people can start rolling up their sleeves for what officials hope is an annual fall COVID-19 shot. Pfizer, Moderna and smaller manufacturer Novavax all are brewing doses of the XBB update but the Food and Drug Administration will have to sign off on each, and the U.S. Centers for Disease Control and Prevention must then issue recommendations for their use.
“I signed off this morning on a proposal we have to present to the Congress a request for additional funding for a new vaccine that is necessary, that works,” Biden, who is vacationing in the Lake Tahoe area, told reporters on Friday.
He added that it’s “tentatively” recommended “that everybody get it,” once the shots are ready.
The White House’s $40 billion funding request to Congress on Aug. 11 did not mention COVID-19. It included funding requests for Ukraine, to replenish U.S. federal disaster funds at home after a deadly climate season of heat and storms, and funds to bolster the enforcement at the Southern border with Mexico, including money to curb the flow of deadly fentanyl. Last fall, the administration asked for $9.25 billion in funding to combat the virus, but Congress refused the request.
For the week ending July 29, COVID-19 hospital admissions were at 9,056. That’s an increase of about 12% from the previous week. But it’s a far cry from past peaks, like the 44,000 weekly hospital admissions in early January, the nearly 45,000 in late July 2022, or the 150,000 admissions during the omicron surge of January 2022.
veryGood! (34884)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Video appears to show Rep. Lauren Boebert vaping at ‘Beetlejuice’ show before she was ejected
- You can pre-order the iPhone 15 Friday. Here's what to know about the new phones.
- One American, two Russians ride Russian capsule to the International Space Station
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- TikTok is hit with $368 million fine under Europe’s strict data privacy rules
- Jury finds officer not liable in civil trial over shooting death
- Remains exhumed from a Tulsa cemetery as the search for 1921 Race Massacre victims has resumed
- Buckingham Palace staff under investigation for 'bar brawl'
- TikTok is hit with $368 million fine under Europe’s strict data privacy rules
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Lil Guy, a Florida alligator missing his top jaw, rescued after finding online fame
- Family of grad student killed by police cruiser speaks out after outrage grows
- Three SEC matchups highlight the best college football games to watch in Week 3
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- What’s streaming now: ‘Barbie,’ Dan & Shay, ‘The Morning Show’ and ‘Welcome to Wrexham’
- Greece wins new credit rating boost that stops short of restoring Greek bonds to investment grade
- US military orders new interviews on the deadly 2021 Afghan airport attack as criticism persists
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
A judge rules Ohio can’t block Cincinnati gun ordinances, but state plans to appeal
What’s behind the surge in migrant arrivals to Italy?
Sisters of YouTube mom Ruby Franke speak out about child abuse charges: I had no idea what was happening
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Colombian painter and sculptor Fernando Botero, known for his inflated forms, has died at age 91
Jail monitor says staffing crisis at root of Pennsylvania murderer's escape
Biden announces more Iran sanctions on anniversary of Mahsa Amini death