The U.S. Centers for Disease Control and Prevention (CDC) needs to deploy $8.4 billion by 2021 to improve its ability to conduct studies related to the COVID-19 pandemic, security for clinical trials, and overall management of COVID-19.

If confirmed, this would be the CDC’s biggest expenditure more than the $8.7 billion invested in 2018, sources said.

CDC Director Robert Redfield this week notified an HHS senior agency that an additional $2.3 billion will be needed, according to two backgrounders in Mayau, Montana.

The sources said Redfield “promised to invest out $8.4 billion in CDC’s operations and capabilities over the next three months,” adding that some of this money was already available.

Redfield told reporters on March 4 that there was $8.4 billion available to improve CDC effectiveness while also providing resources needed to combat the pandemic.

“We have already gained all of the capacity required to effectively analyze, collect and disseminate data related to the COVID-19 pandemic. The challenges that we have are that we have large volumes of data, and so we need to continue to make that available,” he said.

Redfield was asked by reporters Thursday if there is money for infrastructure investments to increase frostbite testing capacity and expand capacity for infection-fighting tests at medical facilities.

“We also need to continue making sure that infection-control sites are built across greater geographic areas,” he said.

Redfield said he would continue making this public.

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Biomedical device maker Canon shares fell less than 1.5 percent, on an upside move as the high-profile Trump administration announced plans to invest in research and development.

Ivanka Trump, the presumptive Democratic presidential candidate, has said she would like to see a $12 per hour minimum wage in the workplace.

White House economic adviser Larry Kudlow called for capital spending to increase productivity, up from an average of $1.2 per hour.

The U.S. Department of Defense said in a daily mailout to its personnel that it expects to spend about $7.4 billion over the first six months of fiscal year 2018.

The department indicated there would be other capital needs with a net demand of $12.5 billion for the government-wide fiscal year beginning Sept. 1.

At the onset of sequestration, the Pentagon has warned that the federal government would either have to continue earning up to the federal budget targets or make a $4 billion reduction to the planned growth in spending for fiscal year 2018, defense spending plan released earlier this week.