RESEARCH: Clinton Seeks Funds for Scientific, Medical Tech
President Clinton today will propose a $2.8 billion increase in scientific and medical research for FY 2001, the AP/Orlando Sentinel reports. Scheduled to announce the proposal at the California Institute of Technology, Clinton will seek additional funding for a major new program -- the 21st Century Research Fund -- which targets research on cancer, diabetes and AIDS. Monies also would be earmarked to develop high-speed computer technology for the science and medical communities (1/21). Richard Atkinson, president of the University of California, said, "It's fantastic; it sends the right signal. It means ... more ideas that will transfer into the private sector and launch things like Silicon Valley." The funding boost, which must receive congressional approval, would be divided between two agencies, NIH and the National Science Foundation. NIH would add $1 billion to its current $18 billion budget, while the National Science Foundation would realize the largest budget increase in it 56-year history -- a $675 million addition to its current $3.9 billion budget (McFarling, Los Angeles Times, 1/21).
This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.