Obama announces $5 B in medical research funding listen09/30/09 Seán Kinane
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Scientists will receive $5 billion in government funds for research grants into cures for cancer, heart disease, autism, and other diseases. President Barack Obama made the announcement this morning at the National Institutes of Health, or NIH, in Maryland.
Obama also touted investments in research on the treatment and prevention of heart disease, which he calls “the leading cause of death in the United States.”
The funding, from the $787 billion economic stimulus package known as the American Recovery and Reinvestment Act, represents the “largest ever infusion of funding into autism research,” according to the President.
Besides the research and health benefits of the stimulus infusion, Obama says the investments are also good for the economy.
Obama also used his appearance at the NIH to continue the push for reform of the health insurance system. “That’s why we’re working so hard to pass long-overdue reforms.”