The Trump administration funded Operation Warp Speed with $6 billion and their goal is to deliver 300 million doses by January 2021

Biden has repeatedly said that Trump is doing nothing to save the people from Covid-19. So has the Media Mob. But the fact is that Trump has done a lot to get a new vaccine on the market. Normally, it takes 5 to 10 years to get a vaccine on the market, but Trump and his administration did it within a few months.

What Trump has been working hard on is Operation Warp Speed (OWS). The first news report of OWS was on April 29, 2020, and the program was officially announced on May 15,2020. OWS was formed to encourage private and public partnerships to enable faster approval and production of vaccines during the COVID-19 pandemic.

OWS is funded with about $10 billion from CARES Act (Coronavirus Aid, Relief, and Economic Security) passed by the United States Congress on March 27, 2020. OWS`s overall goal is to deliver 300 million doses of a vaccine by January, and that`s enough to immunize 45% of the population.

Two companies are backed by OWS and that is Pfizer and Moderna. Both have announced positive results from their final stage of trials. Pfizer`s vaccine was found to be 95% effective in preventing COVID-19, while Moderna`s was found to be 94,5% effective.

OWS awarded Moderna $955 million to advance its clinical trials and another $1,5 billion to manufacture and deliver 100 million vaccine doses.

Pfizer`s contract is different. Pfizer received $1,95 billion to manufacture and distribute 100 million doses, but it did not accept funding for research or development.

The Media Mob said that Trump was stealing the cred for the vaccine, but most of the Warp Speed`s budget, around $10 billion, came from congressional funds awarded in the spring, according to the HHS.

A September Bloomberg Investigation found that the Trump administration siphoned additional funds to Warp speed that were meant for another public-health program. That included $6 billion from the Strategic National Stockpile and $1 billion from the Centers for Disease Control and Prevention (CDC).

With FDA-authorized vaccines, we will hopefully get back to normal by the summer of next year, and hopefully, COVID-19 is under control before the next flu season……

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.