WASHINGTON — President Joe Biden announced a new tax credit Wednesday to reimburse small businesses that give workers paid time off to get vaccinated against Covid-19 as he touted reaching his goal of administering 200 million shots in his first 100 days.
The tax credit, which will be funded by the Covid relief bill passed last month, will be available to businesses with fewer than 500 employees, allowing up to $511 a day for each employee. Biden will call on all companies to offer paid time off, regardless of size, and offer other incentives, like gift cards or bonuses, to encourage employees to get vaccinated.
As the U.S. reached Biden’s goal of administering 200 million shots this week, vaccine supply is starting to outstrip demand in some areas. Even without the supply of Johnson & Johnson vaccine, which is undergoing a safety review, the U.S. has been shipping out more doses than are being used in recent weeks, a senior administration official told reporters on Wednesday.
The U.S. had administered 199,426,628 as of April 21, according to an NBC News tracker, well on pace with eight days remaining to reach his goal for the first 100 days.
Biden said the country is entering a new phase in its vaccination efforts as it starts to shift its focus from getting the vaccine to those most at risk to the general population.
“The time is now to open up a new phase of this historic vaccination effort,” Biden said. “To put it simply, if you’ve been waiting for your turn, wait no longer. Now’s the time for everyone over 16 years of age to get vaccinated.”
While some people are resistant to getting the vaccine because of safety concerns, others feel less urgency about getting vaccinated because they are younger and need a simpler process with fewer obstacles and some encouragement, the administration official said. The paid time off effort is aimed at addressing those concerns.
“No working American should lose a single dollar from their paycheck because they chose to fulfill their patriotic duty of getting vaccinated,” Biden said.
In his remarks, Biden is also expected to tout the administration reaching its goal of administering 200 million shots in his first 100 days in office. That milestone, which Biden doubled in March when it became clear that vaccinations were on pace to meet the goal, translates into about half of U.S. adults having received at least one dose of the coronavirus vaccine, while about a third are fully vaccinated.
Biden said he is giving serious consideration to sending some of the U.S. doses of vaccines to other countries, including Canada and Central America, once he is confident there is enough supply to meet demand from Americans. He said he spent a half hour talking to the Canadian prime minister Wednesday about sending additional doses there.
“It’s in process, we don’t have enough confidence to send abroad now, but I expect we’re gonna be able to,” Biden said.