U.S. must spend $75 billion to fix flawed Covid-19 testing, report says

The U.S. should invest $75 billion in order to fix its badly flawed system of diagnostic testing for Covid-19, according to a bipartisan committee of industry experts, investors, scientists, and former federal health officials assembled by the Rockefeller Foundation.

“America faces an impending disaster,” the foundation’s panel warns in a 55-page report released Thursday. “The extraordinary scale of the Covid-19 crisis is evident in the growing deaths and economic losses the pandemic has wrought in every state.” The report adds: “This terrifying tragedy was not and is not inevitable.”

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