Almost a decade after the 2001 anthrax attacks, a new report released Tuesday gives President Barack Obama a failing grade for not doing enough to prepare the U.S. for a biological terror attack.

The report, published by a bipartisan anti-terror task force, says America isn't ready to handle a biological threat.

It points to the government's poor preparation for the swine flu epidemic, noting the U.S. ran out of vaccine despite a six-month warning from health officials.

The report also says that no one in the Obama administration has the lead on protecting against a bio-attack.

Former Sen. Bob Graham, D-Fla., co-chaired the panel along with former Sen. Jim Talent, R-Mo.

"Each of the last three administrations has been slow to recognize and respond to the bio-threat," Graham said. "But we no longer have the luxury of a slow learning curve when we know al-Qaeda is interested in bio-weapons," he said.