CA's Stem-Cell Agency Still Considers Issuing $400M in Debt Despite Deal to Balance Budget (GenomeWeb News)

California’s stem-cell agency will stick to its plan of incurring debt by selling bonds to private investors despite an agreement hashed out by Gov. Arnold Schwarzenegger and state legislative leaders aimed at plugging a $42 billion shortfall over 17 months in the state’s budget, an official for the agency said last week.

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