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COVID-19 Federal Responses: Monday, March 8, 2021

COVID-19 Federal Responses: Monday, March 8, 2021

Congress

  • The Senate passed the $1.9 trillion COVID-19 relief bill, the American Rescue Plan (ARP), although it made some changes to the House-passed version – meaning the House must vote on the Senate’s version. The House is expected to pass the Senate version on Tuesday or Wednesday. President Biden, who outlined this bill and championed it as his top legislative priority, will sign the bill once passed by the House.
    • The ARP provides $1,400 payments to individuals ($2,800 to families) to supplement $600 payments to individuals ($1,200 to families) from the year-end COVID-19 relief bill. These payments phase out above a certain income threshold. President Biden said the payments will be issued this month.
    • The bill also extends $300 in weekly federal unemployment benefits to supplement state unemployment benefits through September.
    • It provides new funding to state and local governments for expenses related to the COVID-19 pandemic response.
    • In addition to COVID-19 relief measures, the bill provides federal subsidies for COBRA health insurance premiums through September and eliminates the income cap on eligibility for ACA health insurance premium subsidies to make this premium assistance available to people earning above 400% of the federal poverty line (FPL). The ACA premium subsidy expansion applies to 2021 and 2022. The ARP also provides new incentives for states to expand their Medicaid programs under the ACA.

White House and Federal Agencies

  • President Biden will give a nationally televised address on Thursday evening to mark one year since many lockdowns were put in place.
  • In parallel to its vaccination efforts, the White House is developing a national COVID-19 testing strategy

Centers for Disease Control and Prevention (CDC) Updates

Economy, Vaccines, Testing and Treatment

  • The Food and Drug Administration (FDA) approved a new over-the-counter COVID-19 test that can be performed at home.
  • Preliminary data suggests the drug molnupiravir is an effective COVID-19 treatment.
  • The National Institutes of Allergy and Infectious Diseases’ (NIAID) Director Dr. Anthony Fauci said he believes high school students will begin receiving COVID-19 vaccines in the fall.

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