On 8/25/2011 12:11 AM, Jochen Fromm wrote:
  Cancer research needs more funding, don't you think?!
Assume it takes about $300k to support one cancer researcher (salary plus overhead for one year). An automatic 7.9% cut, should the deficit super committee fail to act, would stop research for about 1,300 researchers funded by the National Cancer Institute.

http://obf.cancer.gov/financial/attachments/2012cj.pdf
http://www.ombwatch.org/files/budget/debtceilingfaq.pdf
http://www.whitehouse.gov/sites/default/files/omb/memoranda/2011/m11-30.pdf

Even from a pure profitability perspective, the return on investment justifies the spending -- from $3 to $141 of economic activity for every $1 spent by the NIH.

http://www.nytimes.com/2011/02/21/us/21iht-letter21.html
http://www.genome.gov/27544383

Marcus
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