The funds, to come from the $787 billion economic stimulus package, will pay for "cutting-edge medical research in every state across America," the White House said in a statement. Of course, can we believe anything truly good will come from our healthcare system?
More than $1 billion of the money will go to genomic research -- studying the DNA map to find causes of diseases and potential new treatments for them, especially cancer.
President Barack Obama's new budget includes more than $1 billion to help the U.S. Food and Drug Administration strengthen its food safety efforts, $6 billion for cancer research and a program to send nurses to the homes of new mothers to check their babies.
The $76.8 billion allocated to the Health and Human Services Department also stresses, as Obama has said before, the adoption of healthcare information technology such as electronic medical records and a controversial plan to compare medical treatments head to head to find what works best.
"Some researchers believe that healthcare costs could be reduced by a stunning 30 percent -- or about $700 billion a year -- without harming quality if we moved as a nation toward the proven and successful practices adopted by the lower-cost areas and hospitals," the budget reads.
What are the chances of this making it through the system?