HHS shifts $6B from national stockpile to Operation Warp Speed

HHS told Bloomberg in a declaration that the department was using COVID-19 response cash offered by Congress to get a vaccine to the American individuals as quickly as possible. The agency declined to provide a complete accounting of Operation Warp Speeds funding sources or commitments..

A report launched Sept. 21 from the Government Accountability Office discovered that scarcities of PPE and other medical products continue, despite efforts from the government..

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HHS pulled another $700 million from the CDC and put it towards Operation Warp Speed, Bloomberg found. A person familiar with the scenario informed Bloomberg much of that money likely wouldve gone to states to help react to COVID-19. © Copyright ASC COMMUNICATIONS 2020.

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Among the biggest fund transfers happened in August, when HHS pulled $6 billion from the $16.7 billion that had been assigned to the Strategic National Stockpile to replenish stocks of individual protective equipment, ventilators and screening materials, Bloomberg reported. The transfer came after HHS stated it was unable to invest about $1 billion of the cash assigned for the stockpile..

HHS has actually shifted billions of dollars from public health programs to Operation Warp Speed, with $6 billion pulled from the Strategic National Stockpile, Bloomberg reported..

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HHS pulled another $700 million from the CDC and put it towards Operation Warp Speed, Bloomberg found. A person knowledgeable about the circumstance informed Bloomberg much of that cash likely wouldve gone to states to help respond to COVID-19. CDC Director Robert Redfield, MD, recently told Congress the company requires an extra $6 billion to help states disperse a vaccine..

The cash transfers were divulged in a government audit obtained by Bloomberg and show that Operation Warp Speed, the White Houses task force to develop a COVID-19 vaccine, now has a budget of $18 billion, though HHS has actually regularly mentioned $10 billion as its budget plan..

Maia Anderson –
Wednesday, September 23rd, 2020
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