Hold CCP Accountable for $18 Trillion Pandemic Losses: Report

The Epoch Times Header

The nonpartisan commission concluded the pandemic was due to Beijingโ€™s actions, and called on the United States to lead in bringing the CCP to account.

The Chinese Communist Party (CCP) should be held accountable for its โ€œsystematic cover-upโ€ of the COVID-19 pandemic that has caused trillions of dollars of economic losses in the United States, a new report finds.

โ€œItโ€™s critical the United States take the leadership role in holding the Chinese Communist Party accountable for one of the most catastrophic cover-ups in human history,โ€ Derrick Morgan, executive vice president of The Heritage Foundation, said at a July 8 event in Washington while presenting the 64-page paper. 

The report concludes that as of December 2023, the estimated cost of the pandemic in the United States had skyrocketed to over $18 trillion, amounting to about 13 percent of the countryโ€™s net wealth for that year. This figure, according to the report, is โ€œa stark reminder of the profound impact this global health crisis has had on the nation.โ€

The total cost comprises $8.6 trillion in expenses due to COVID-19-related deaths, a $1.8 trillion decline in economic output throughout the three-year pandemic, $6 trillion stemming from lingering symptoms of โ€œlong COVIDโ€œ experienced by Americans, over $1 trillion in mental health expenses, and $435 billion in education losses.

The report, by a nonpartisan commission convened by Heritage, does not rule out the possibility of other governments, institutions, and individuals having played roles in the pandemic. However, it finds the CCP has been in โ€œa league uniquely of its own in its active and aggressive opposition to honesty, transparency, and accountability regarding the virus and its spread.โ€

โ€œThis behavior by the Chinese government, more than anything else, was the proximal origin of the COVID-19 pandemic.โ€

โ€˜Systematic Cover-upโ€™

When the deadly new virus, SARS-CoV-2, first emerged in the central Chinese city of Wuhan, Hubei Province, in late 2019, the commission found that there were at least seven weeks during which Beijing could have prevented a domestic outbreak from turning into a pandemic.

Byย Dorothy Li

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Columns

Shifting Gears 2025

That grinding you hear is the sound of the Democrat party hopelessly stuck in first gear while Trump and Republicans zoom ahead of them in overdrive.

More Proof, the Democratic Party is Imploding!

Jason Pizzo, the leading Democrat in the Florida Senate announced his departure from the Democratic Party saying he sees the party as dead in Florida.

American Psychiatric Association vs. MAHA: Shots Fired

When Trump formed the MAHA Commission, the parameters were so reasonable that it was hard to imagine how the biomedical establishment could object.

Evaluating Foreign Affairsโ€™ Warning About The Risks Of An Emboldened & Remilitarized Germany

Foreign Affairs warned earlier this month that an emboldened...

9 Things to Know About UK Supreme Court Ruling on Sex, Gender

Britainโ€™s highest court has ruled that the words โ€œwomanโ€ and โ€œsexโ€ refer to โ€œa biological woman and biological sex,โ€ in a landmark decision.

News

Thousands of Illegal Immigrants Have Registered on CBP Home App to Self-Deport, CBP Says

DHS said thousands of illegal immigrants registered on CBP Home app to self-deport, and those who have not yet done so will face consequences.

5 Things We Know About Wisconsin Judgeโ€™s Arrest for Allegedly Obstructing ICE

Court papers detail Judge Hannah Dugan was arrested for allowing an illegal immigrant to escape through a jury door before arrest by federal officials.

ICE Backtracks on Revoking More Than 1,200 Student Visas

ICE reversed decision to automatically revoke student visas, after State Dept said it would use AI to review foreign studentsโ€™ records for criminal activity or arrests.

Court Ruling Limits Ozempic Copies in Favor of FDA, Novo Nordisk

Federal court ruled against trade group representing compounding pharmacies, siding with FDA and Novo Nordisk in dispute over copies of Ozempic and Wegovy.

Judge Blocks Removal of Potential Deportees From Texas District

Federal judge temporarily restrained Trump admin from removing individuals from Southern District of Texas in attempt to deport Venezuelan gang members under the Alien Enemies Act.

Former Rep. George Santos Sentenced to More Than 7 Years in Prison

Former Rep. George Santos (R-N.Y.) was sentenced on April 25 to more than 7 years in federal prison on wire fraud and aggravated identity theft charges.

FBI Arrests Wisconsin Judge Hannah Dugan Over Obstructing, Kash Patel Says

FBI arrested a Milwaukee County, Wisconsin, circuit judge for allegedly assisting an illegal immigrant in evading arrest, FBI Director Kash Patel said.

Former New Mexico Judge, Wife Arrested Over Alleged Evidence Tampering

Inmate bookingreports released by Doรฑa Ana County Detention Center show Judge Cano and his wife were arrested for evidence tampering.
spot_img

Related Articles