au1929 wrote:Bush essentially shut down fetal stem cell research in the US. How did he do it? By limiting the federal funding. In addition the stem cell lines that he agreed to fund for research were not only inadequate but as you have read are virtually unusable.
Arnold S has thankfully appropriated $3 billion for the research in Calif.
I'll have to say a yes and a no to your last statement au. Here in California, we do have a proposition on our ballot (Prop 71) that would,
if passed:
* Establish "California Institute for Regenerative Medicine" to regulate stem cell research and provide funding through grants and loans, for such research and research facilities.
* Establish the constitutional right to conduct stem cell research: prohibits Institutes funding of human reproductive cloning research.
* Establish an oversight committee to govern the institute.
* Provides for a General Fund
LOAN up to $3 million for the Institutes initial administration/implementation costs.
* Authorizes the issuance of General Obligation Bonds to finance institute activities up to $3 billion subject to an annual limit of $350 million.
* Appropriates monies from the General Fund to pay for Bonds.
Fiscal Impact?
* State cost of about 6 billion over 30 years to pay off both the principal ($3 billion) and interest ($3 billion) on the bonds.
* Unknown potential state and local revenue gains and cost savings to the extent that the research project funded by this measure result in additional economic activity and reduced public health care costs. Note however, this measure would allow the state to receive patents, royalties and licenses resulting from the research funded by the institute. The amount of revenues the state would receive from those types of arrangements is unknown
but could be significant.
I guess my point is, the Proposition must first pass on November 2nd before any appropriations or loans are made.
I do know for a fact, it has at least 1 vote in its favor from me! It's a subject very near and dear to my own heart and had only wished it would have been on any ballot 5 years ago
Did you know that at first Arnold was against this?