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COVID-19 Federal Responses: Thursday, July 2, 2020

COVID-19 Federal Responses: Thursday, July 2, 2020
Key points in this update:

  • The Paycheck Protection Program (PPP) has been extended until August 8 to give businesses more time to apply for the remaining $130 billion in unspent PPP funding.
  • HHS Secretary Alex Azar is expected torenewthe COVID-19 public health emergency (PHE) before it expires in July. The PHE declaration authorizes many of the regulatory flexibilities that have been implemented in response to the pandemic to continue.
  • The FDA issuedguidelinesfor how it will approve COVID-19 vaccines. NIAID Director Dr. Anthony Fauci continues to expressoptimismthat a vaccine will be available by the end of the year, but has also said heworriesthat the first vaccines will not be effective enough to produce herd immunity.

Congress

  • The House and Senate both passed legislation toextendthe application deadline for the Paycheck Protection Program (PPP) until August 8. The Small Business Administration (SBA) has about $130 billion in unspent PPP funding available. Extending the application deadline gives businesses more time to apply for the unused PPP funding.
  • The Senate Health, Education, Labor and Pensions (HELP) Committee held ahearingon reopening businesses and schools. The public health officials warned the recent spikes in cases could threaten reopening efforts and reiterated the importance of wearing masks to prevent the spread of the virus.

White House and Federal Agencies

  • Department of Health and Human Services (HHS) Secretary Alex Azar is expected torenewthe COVID-19 public health emergency (PHE) before it expires in July. The PHE declaration authorizes many of the regulatory flexibilities that have been implemented in response to the pandemic to continue.
  • President Trump signed an Executive Ordersuspendingthe issuance of certain types of visas through the end of 2020.
  • HHS iswarningthat the coronavirus pandemic is causing a spike in opioid deaths.
  • Treasury Secretary Steven Mnuchin said the Treasury Departmentmay consider第二个推动纳税申报的扩展deadline to file taxes back from July 15 to September 15.
  • The Centers for Medicare and Medicaid Service (CMS) postedadditional Frequently Asked Questions (FAQs)to aid state Medicaid and Children’s Health Insurance Program (CHIP) agencies in their response to the COVID-19 pandemic. They also posted astandalone documentcontaining only the new questions.
  • The Federal Communications Commission isredirectingabout $200 million in unspent funding from various programs towards its rural broadband infrastructure program.

Centers for Disease Control and Prevention

Reopening, Testing and Vaccines

  • HHSannouncedthat it secured over 500,000 treatment courses of the COVID-19 treatment remdesivir. HHS will provide the drug at cost to hospitals for about $3,200 per treatment course. HHS secured over 90% of the immediate supply of the drug for the United States.
  • The U.S. Food and Drug Administration (FDA) issuedguidelinesfor how it will approve COVID-19 vaccines. National Institute of Allergy and Infectious Diseases (NIAID) Director Dr. Anthony Fauci continues to expressoptimismthat a vaccine will be available by the end of the year. However, he also said heworriesthat the first vaccines will not be effective enough to produce herd immunity.
  • More datahas been released about dexamethasone’s effectiveness as a COVID-19 treatment. Dexamethasone is a commonly used steroid that has shown promise as a treatment for severe COVID-19 symptoms in preliminary research. The new data reaffirms optimism that it can be an effective treatment for severe cases; however, more research is needed.
  • A vaccine under development by Pfizer showed promising initial results and could beready for distributionbefore the end of the year.
  • HHS, the Department of Labor (DOL) and the Department of Homeland Security (DHS) publishednew guidancefor safely resuming air travel.
  • The American Medical Association (AMA)created a new CPT codefor antigen testing.
  • The European Union (EU)bans travelers from the United States.

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