There are a number of Propositions on the ballot for California (including mandatory employer-given health insurance), but Proposition 71 for the funding of stem cell research in California looks like it will be one of the most controversial. The Proposition would approve $3 BN (yes, three billion) in bonds for stem cell research and create a California Institute for Regenerative Medicine (human reproductive cloning would be prohibited). The total cost for this would be $6 BN, paid off over 30 years.
Supporters of the Proposition laud it as a huge boost to the California economy in the research and likely businesses it will create. Opponents claim that the $6 BN price tag is way too high for a state in financial crisis and also oppose stem cell research on ethical or religious grounds.
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