Prop. 38: $8.4b health research bond supported by Newsom, questioned over transparency
Measure would fund immunology research targeting Alzheimer’s and cancer; half the money would go to a single institute tied to its billionaire author.
California voters will decide the fate of Proposition 38, a ballot measure that would provide $8.4 billion in bonds for immunology research. The measure has drawn endorsements from Governor Gavin Newsom and both major parties, while opponents say it is poorly written.