Where does Congress stand on Phase 4 relief negotiations? Very far apart, apparently, and at a very bad time. COVID-19 cases are hitting new record peaks across the nation, and governors are ordering the most significant restrictions on commerce. We’re getting close to the same economic conditions as we saw in late April or early May when states started gradually reopening public squares, and which required a “bridge loan” of relief programs to keep businesses operating.
This time around, we have a much brighter light on the horizon. Highly effective vaccines will shortly become available in vast quantities, but they still need funding for distribution:
In the wake of Moderna announcing that its coronavirus vaccine candidate is nearly 95 percent effective, the CDC is preparing vaccine distribution strategies. @Miguelnbc has the details. pic.twitter.com/TxUTPuHkpC
— TODAY (@TODAYshow) November 17, 2020