President Joe Biden is co-hosting his second global Covid-19 summit -- but is likely to show up empty-handed, as he struggles to secure funding at home and abroad.
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The Biden administration asked Congress in March to authorize $22.5 billion in additional Covid-19 assistance, including $5 billion for the global pandemic, but the package has been repeatedly waylaid. The Senate reached a bipartisan deal in April to approve $10 billion in aid, but it stripped out global Covid-19 financing entirely.This has put the President in an awkward position: He will probably show up to his own summit empty-handed.