Is the federal stockpile supposed to be our stockpile?
“The notion of the federal stockpile is it’s supposed to be our stockpile. It’s not supposed to be states’ stockpiles that they then use,” White House senior adviser Jared Kushner said at an April 2 briefing. (Some states keep their own, smaller stockpiles.)
Why does the US need an oil stockpile?
While there is an abundance of oil in the world now, a tighter market in the future is possible. In that case, the United States and its allies would need a stockpile to prevent oil producers from attempting to extort them for foreign policy gains, such as sanctions relief, Jaffe says.
How much money does the National Stockpile really need?
That came out of $16 billion appropriated by Congress in March. Regular funding for the national stockpile has remained steady at $500 million to $700 million annually since 2004, according to the Congressional Research Service. But that’s as the stockpile has been tasked with preparing for additional threats such as emerging infectious diseases.
How much has the government spent on the war on PPE?
This year through October, HHS and the Department of Defense spent about $1.8 billion on PPE and $129 million on drugs for the stockpile. That came out of $16 billion appropriated by Congress in March.
When was the stockpile created?
The stockpile was created in 1998 to hold drugs and vaccines in case of a biological or chemical threat to the U.S. Over time, it’s also added personal protective equipment—such as masks and gowns—as well as antibiotics, emergency medicines, and, recently, testing supplies like nasal swabs. During the initial coronavirus surge, governors requested ...
Is the US stockpile going to be bigger?
The Future of the U.S. National Stockpile Isn’t a Bigger Stockpile. Experts say being crisis-ready is about supply-line visibility and nimble manufacturing, not boxes on shelves. December 10, 2020, 1:00 AM PST.
Does the Strategic National Stockpile have enough supplies?
Months later, the Strategic National Stockpile doesn’t have enough supplies to meet the federal government’s own targets. But in the long run, health officials don’t want to make it bigger. Their goal before the next Covid-size disaster is to make stockpiling itself less central.
How much tariffs did Trump put on China?
Tariffs on goods traded between the U.S. and China have already increased in several stages since early 2018. Now, President Donald Trump has added a 25% tariff (up from his original proposal of 10%) on another $200 billion worth of Chinese imports, and China hit back with 5% to 10% percent duties on another $60 billion worth of U.S. goods.
Do you get sticker shock two months down the line?
Of course, the same rule applies for everyday purchases, where consumers will be harder hit, such as frozen food and paper goods, including diapers and paper towels. “Stock up now, so you don’t get sticker shock two or three months down the line,” Bonebright said.