WH 'hopeful' Congress is close on $10B COVID bill

US Lawmakers moved to the brink Thursday of shaking hands on a scaled-back bipartisan compromise providing a fresh $10 billion to combat COVID-19 a deal that could set up final congressional approval next week.

The price tag was down from an earlier $15.6 billion agreement between the two parties that collapsed weeks ago after House Democrats rejected cutting unused pandemic aid to states to help pay for it. President Joe Biden requested $22.5 billion in early March.

The effort, which would finance steps like vaccines, treatments and tests, comes as Biden and other Democrats have warned the government is running out of money to counter the pandemic.

At the same time, the more transmissible omicron variant BA.2 has been spreading quickly in the U.S. and abroad.