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Colleagues,

As reported in Genome Web News...The economic stimulus bill being debated in the US Senate this week now includes $10 billion in new funding for the National Institutes of Health, after an amendment added to the bill last night was being confirmed through a voice vote.

As GenomeWeb Daily News reported yesterday, Senators Arlen Specter (R – Pa.) and Richard Durbin (D – Ill.) proposed adding $6.5 billion in total NIH funding on top of the $3.5 billion sought in the House of Representatives' version of the bill.

"According to NIH Acting Director Raynard Kington, the $10 billion would result in the creation of some 70,000 jobs over the next two years. These funds could go out in a range of six to nine months, and certainly in less than a year...NIH has said that with a $1 billion increase in funding for research, it could support between 2,500 and 2,700 in grants...

Read on at: http://www.genomeweb.com/node/911282?emc=el&m=304608&l=1&am...

ENJOY!

CC

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