NEW: Capitol Hill negotiators have reached an agreement on an $8.3 billion measure to battle the coronavirus outbreak.
The agreement came together after House Speaker Nancy Pelosi, D-Calif., dropped a demand, opposed by the drug industry, to guarantee that any vaccines and drug treatments developed with government-backed research — but manufactured by drug companies — be offered at"affordable" prices.
The bipartisan legislation includes: $350 million to aggressively go after the virus in “hot spots” like Washington state; $500 million to buy drugs, masks, and other medical supplies for states, local governments and hospitals; $1 billion to reimburse state and local governments for costs incurred in battling the outbreak; and $300 million for the Centers for Disease Control's rapid response fund.
The agreement comes as the outbreak in the U.S. appears increasingly likely to affect workers who are instructed to stay home, immigrants who may fear seeking treatment because they are in the U.S. illegally, and the potential rapid spread among homeless people. Widespread school closures are possible as well.
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