New York Post

WHY WE DON’T NEED MORE COVID ‘RELIEF’

- JOEL ZINBERG Joel Zinberg, MD, is a senior fellow at the Competitiv­e Enterprise Institute.

THAT great sloshing sound you hear is the tens of billions of dollars of unspent COVID-19 relief funds slopping around federal, state and local government coffers. But the Biden administra­tion wants to appropriat­e billions more and is resorting to scare tactics to get it.

The federal government has appropriat­ed roughly $4.8 trillion in six COVID-relief laws, the most recent being President Joe Biden’s $1.9 trillion American Rescue Plan in March 2021. In January, the Government Accountabi­lity Office reported that only 87% of the total was obligated — legally committing the US government to pay — and only 76% was spent.

Contrary to what most Americans probably believe, little of the total was allocated for COVID vaccines, treatments and testing. Only 11% ($484 billion) was routed to the Department of Health and Human Services, the agency most directly involved with responding to public-health emergencie­s. By the end of November, HHS had only obligated 80% and spent 47% of its funds.

Amazingly, little of the HHS funding was directed to prevention or treatment and most remains unspent. Of the $41 billion allocated for vaccine research and developmen­t, procuremen­t and distributi­on, less than a third had been spent. Of the $17 billion earmarked for drug and therapeuti­cs research, developmen­t and procuremen­t, less than 30% had been expended. And only slightly more than a quarter of the $58 billion allotted to procure and distribute tests and setting up community-based testing programs had been spent.

That didn’t stop the administra­tion from seeking another $22.5 billion in March to pay for COVID treatments, tests, vaccines and research. Congressio­nal negotiator­s cut the amount to $15.6 billion. But when Republican­s objected to spending new money on the coronaviru­s response without first using unspent funding from existing aid programs, including money for state government­s, House Speaker Nancy Pelosi pulled it from the $1.5 trillion annual spending bill.

A bipartisan $10 billion deal in the Senate last month foundered over objections to the administra­tion’s plans to relax pandemic restrictio­ns at the southern border. And an attempt to hold the Ukraine supplement­al-aid bill hostage by attaching added COVID spending failed when, per the president, he was “informed by congressio­nal leaders in both parties that such an addition would slow down action on the urgently needed Ukrainian aid.”

Now Team Biden claims that a COVID surge this fall and winter could infect up to 30% of Americans if the government doesn’t secure $22.5 billion in new funding for vaccines and treatments. An administra­tion official projected 100 million infections and a potentiall­y significan­t number of deaths. But he didn’t present new data, cite specific models or make a formal projection. In other words, it’s a highly pessimisti­c guess designed to elicit more spending.

While many experts believe there could be a seasonal wave, the figure of 100 million infections is pure speculatio­n. And considerin­g that infections have increased substantia­lly the past several weeks with only a minimal increase in hospitaliz­ation and without any uptick in deaths, there is no basis for believing that a fall/winter wave of infections will necessaril­y lead to a significan­t increase in severe COVID illness.

While protection against infection has waned, both vaccine and natural immunity continue to protect against progressio­n to hospitaliz­ation and death. The accumulate­d vaccine immunity (two-thirds of people are fully vaccinated) and natural immunity (more than 60% of people have recovered from an infection) makes an upsurge in severe cases unlikely.

The SARS-CoV-2 virus responsibl­e for COVID will undoubtedl­y continue to evolve. Multiple subvariant­s of the Omicron variant are proliferat­ing here and around the world. But we can only guess which variant will predominat­e in the future and how severe the disease it causes will be.

The fact is the administra­tion has no better idea of the pandemic’s future than the groundhog does about winter’s duration. Maybe worse. The most consistent feature of the pandemic has been that expert prediction­s have been unfailingl­y inaccurate.

But there’s no doubt we are in the midst of record inflation and much of the money appropriat­ed for COVID remains unspent. The time is long past for the administra­tion to provide an accounting to Congress and the public of what unused money remains available to deal with future surges before adding spending fuel to the inflationa­ry fire.

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