U.S. Senator Romney announces deal on $10 billion in COVID funding

An agreement to provide $10 billion in U.S. funding for COVID-19 aid has been reached in the Senate, lawmakers said on Monday. Senate Majority Leader Chuck Schumer, the top Democrat in the chamber, and Republican Senator Mitt Romney hailed the deal, but Schumer said he was disappointed that an agreement on $5 billion of global health funding had not also been reached. The deal provides $10 billion in funding for COVID needs and therapeutics by repurposing unspent COVID funds. It is well below the $22.5 billion the Biden administration had sought.