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Famed economist writes $100B coronavirus plan to test all Americans
Funding coronavirus testing will give America ‘confidence’ to reopen: Congresswoman
Rep. Cathy McMorris Rodgers, R-Wash., breaks down the the $484 billion relief bill for additional coronavirus funding.
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As testing becomes a central focus in the U.S. fight against the coronavirus pandemic, a world-renowned economist released a $100 billion pathway to mass testing.
Paul Romer, former chief economist of the World Bank, said until a vaccine is developed and ready to be widely distributed, testing is the best way to reopen the U.S. economy.
“Lifting the lockdown without a plan, surrendering to the virus, and letting it return to its path of exponential growth would be devastating in both economic and human costs,” Romer wrote. “It won’t matter if everyone is free to do anything they want. Fear and uncertainty spawned by surrender will paralyze us all.”