4 Hrs
Source:
Los Angeles Times
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California Prop 38: Funding Disease Research
Proposition 38 in California proposes issuing $8.4 billion in bonds to fund immunology and immunotherapy research, targeting diseases like cancer, heart disease, and Alzheimer's. The measure aims to create a stable financial resource to support groundbreaking medical research, with at least half the funds allocated for research grants and partnerships with research institutions. Opponents argue the criteria favor certain institutions and warn that the bond would impose long-term debt on taxpayers, with uncertain future revenue from the research outcomes.
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