Here are some significant developments:
- The amount of debt held by the U.S. government will roughly equal the size of the entire American economy.
- By the end of 2020, the amount of debt owed by the United States will amount to 98 percent of the nation’s gross domestic product, the highest level since the end of World War II, the nonpartisan Congressional Budget Office said.
- Cheap, widely available steroid drugs reduced the number of deaths in the sickest patients with covid-19, according to three newly published clinical trials.
- A Minnesota biker who attended the Sturgis Motorcycle Rally has died of covid-19 — the first fatality from the virus traced to the 10-day event that drew more than 400,000 people to South Dakota. His is among at least 260 cases in 11 states tied directly to the event.
- Citing fears that increased homelessness could exacerbate the coronavirus crisis, the Trump administration on Tuesday issued a ban on evictions for the next four months.
- The Trump administration said it will not join a global effort to develop, manufacture and equitably distribute a coronavirus vaccine, in part because the World Health Organization is involved.
- A study out of Iceland found that coronavirus antibodies lasted for at least four months, which could be good news for vaccine development efforts.