Washington D.C, March 7: US President Donald Trump on Friday signed a emergency funding package worth USD 8.3 billion dollar into law, as the novel coronavirus that originated in the central Chinese city of Wuhan last December has spread to more than 50 countries and infected more than one lakh people globally with over 3000 confirmed deaths.

The US Senate overwhelmingly passed the funding package on Thursday, following a similar bipartisan approval by the House of Representatives a day earlier, Xinhua news agency reported. The bill, negotiated by leaders from both the Senate as well as the House appropriations panels, will boost funding for the testing of the virus, support the development of vaccines, as well as lower costs for medical treatments. Coronavirus Outbreak: Death Toll Crosses 3,000 in China, Cases Surpass 100,000 Globally.

The plan includes nearly 7.8 billion dollars in new funding to combat the spread of the virus at the local, state, national and international levels. It also authorises USD 500 million to allow medicare beneficiaries to access telehealth programs.

The funding package was signed into law as fears of virus spreading are growing among Americans, with over 300 confirmed cases and over 10 deaths reported in the United States as of Friday, according to data tracking tool developed by the Johns Hopkins University.

The funding plan is significantly larger than the request from the White House, which initially asked for 2.5 billion dollars to fight the ongoing spread of the disease. In a tweet Thursday, Senate Minority Leader Chuck Schumer, a New York Democrat, called the Trump administration's proposal "dangerously inadequate," noting that the House and Senate have come together in a bipartisan way "on an important first step" to deal with this crisis.

Senator Richard Shelby, chairman of the Senate Appropriations Committee, said in a statement Thursday that the 8.3-billion-dollar funding packing "includes what our experts say they need." "It attacks the crisis at the local, state, federal, and international levels," said Shelby, an Alabama Republican. "And it brings to bear the full resources of the federal government."