Californians are being asked to fund $5.5 billion in stem cell research through bond sales that will take 30 years to repay.
LOS ANGELES, CA — Proposition 14, the only statewide bond measure on the general election ballot, asks voters to authorize $5.5 billion in bonds to fund stem cell research. If that sounds familiar, that’s because it is. California approved a similar bond request 16 years ago, allowing the state to prop up what was then a fledgling and controversial area of research.
Prop 14’s supporters contend the money is needed to fund cutting-edge research on the brink of discovering treatments and cures that could help save countless lives. Opponents say such promises are “shameless exaggerations” and that California isn’t in a position to spend billions on stem cell research.
Also Read: Harrowing images show charred remains of towns in California and Oregon as thousands flee deadly blazes Prop14, the only stat bond mea on the gene elec ballot, asks voters to auth $5.5 bill in bon to fu stem cell res. If that soun fam, that’s bec it is. Calif app a sim bond req 16 years ago, all the state to prop up what was then a fled and cont area of res.