President Joe Biden’s administration is calling on states and local governments to provide $100 to people who get vaccinated using the $350 billion of aid that his administration has provided them. The Treasury Department released a statement on Thursday saying that the president was calling on states, municipalities and territorial governments to provide the vaccine incentive using funds from the $1.9 trillion American Rescue Plan. The administration wants municipalities to give $100 to newly vaccinated people to encourage more citizens to get the jab. “For these governments and the communities they represent, no task is more urgent than turning the tide on the pandemic, and there is no better tool than vaccination,” according to the department’s statement. “This is why Treasury is encouraging state, territorial, and local governments to use the funds to enhance their vaccination efforts, including by providing individual vaccine incentives.” Some states and cities have already announced vaccine incentives using the American Rescue Plan aid or through funds from the Cares Act. This money is meant to help governments fight Covid-19 and address the negative economic consequences of the pandemic. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake