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Photo: Drew Angerer/Getty Images

Senate Democratic leadership announced Wednesday a plan, authored by Sen. Patty Murray (D-Wash.), that calls for $30 billion in emergency funds to bolster national coronavirus testing and contact tracing.

Why it matters: The federal government has had no clear strategy in place to resolve or prevent the shortages of testing supplies that have threatened the U.S. response.

  • While testing capacity currently sits at about 100,000 per day, Murray said during a call with reporters that hundreds of millions more tests are needed.
  • "We need to have testing kits widely available across America," Senate Minority Leader Schumer said. He added that it is "utterly mind-boggling" that President Trump " would choose to focus his energy on a "vendetta" against the World Health Organization instead.

The big picture: Experts say the U.S. will need to run millions of tests each week if social-distancing measures are to be safely lifted.

  • Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said earlier this week that the U.S. does not yet have the testing and contact tracing capacity to reopen the economy.

What to watch: Schumer said that staff will meet with Treasury Secretary Steven Mnuchin today on interim coronavirus funding. "We see no reason why we can't come to an agreement," he said.

Go deeper

Media startups anxiously await BuzzFeed’s stock market debut

Illustration: Sarah Grillo/Axios

Digital media companies considering going public are watching BuzzFeed's expected stock market debut next week to see how investors will respond.

Why it matters: A slowdown in SPACs (special purpose acquisition companies) earlier this year pushed some digital media companies that were considering going public via SPAC IPOs away from the idea, such as Vice.

Kendall Baker, author of Sports
2 hours ago - Sports

College football gone mad

Former Notre Dame coach Brian Kelly walks in front of his players. Photo: David Madison/Getty Images

In the span of two days, the head coaches of two of the biggest college football programs in America have jumped ship, wooed by even greater challenges — and the almighty dollar.

Driving the news: Lincoln Riley is ditching Oklahoma for USC in a deal reportedly worth $110 million. LSU poached Brian Kelly from Notre Dame with a reported 10-year, $100 million contract.

Biden administration makes first move on data privacy

Illustration: Sarah Grillo/Axios

The Biden administration is launching its first big effort on privacy policy by looking at how data privacy issues affect civil rights.

Why it matters: An administration perspective on privacy policy could be key in developing a long-awaited national privacy law by putting the White House stamp on how to regulate privacy.