Trump Administration to End Federally Funded COVID-19 Testing Sites

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On June 24, the White House said it will end federal funding for coronavirus testing sites at the end of the month, according to NBC News. This comes as coronavirus cases are spiking around the country.

The government plans to transition to locally supported testing and community testing, with emphasis on partnerships with companies like CVS Health and Walgreens.

There are currently 13 federally supported sites and Texas, which has been seeing a steep resurgence of the virus, has seven of those sites.

Recently, Trump told the Wall Street Journal that increased testing makes America look bad. He also tweeted, “Cases are going up in the U.S. because we are testing far more than any other country, and ever expanding. With smaller testing we would show fewer cases!” on Tuesday.

The federal testing program was enacted to "provide Americans with faster, less invasive care" while also "protecting healthcare personnel by eliminating direct-contact with symptomatic individuals."

On Wednesday, New York, New Jersey, and Connecticut announced it will quarantine travelers coming from virus hotspots for 14 days. The joint travel advisory between the three states applies to visitors from areas with significant community spread.

In a press conference, New York Governor Andrew Cuomo said Alabama, Arkansas, Arizona, Florida, North Carolina, South Carolina, Washington, Utah, and Texas currently have high infection rates.

Stocks spiraled by midday Wednesday, as coronavirus cases continue to surge in the U.S. All three major U.S. indices tanked Wednesday, with the Dow Jones Industrial Average and S&P 500 both losing as much as about 3%. The 10-Year Treasury yield fell to 0.7%.

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