California voters approve $8.4 billion for immunology research
Voters in California have approved US$8.4 billion in funding for immunology research, the largest ever infusion of cash for science authorized by a public vote in US history, according to Nature.
The funding proposal, known as Proposition 38, appeared on the ballot for voters in California in last week’s US mid-term elections. It took nearly a week for officials to count enough ballots to declare its success.
The state government will pay for the research by selling state government bonds. The research aims to find treatments that harness or re-engineer the body’s immune system to fight illnesses such as cancer and Alzheimer’s disease. Bonds are typically reserved to pay for infrastructure projects such as road construction and require the state to pay back its debt with interest.