Column: The California stem cell program's $5.5-billion funding request might be its downfall

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Column: The California stem cell program's $5.5-billion funding request might be its downfall
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The California Institute for Regenerative Medicine is seeking a new $5.5-billion infusion. It must go back to the drawing board.

CIRM’s grantmaking record also fosters the impression of institutional logrolling. Proposition 71 mandated that as many as 23 of the governing board’s 29 members, who are appointed by the governor, other statewide officials, and legislative leaders, be drawn from academic institutions or disease advocacy groups that happen to be eligible to receive CIRM grants or could be associated with grantees.

Politics can be messy, but public oversight of billions of dollars in spending by a public agency is imperative. CIRM’s performance as an independent fiefdom hasn’t been entirely auspicious.

CIRM’s board members seem to beleive they’re now boxed into full-throated support of Klein’s initiative proposal. At the Nov. 15 meeting, some members cautioned their colleagues that criticizing Klein’s draft would only lend fodder to CIRM’s opponents and ruin the chances for passage. “We don’t want to make the perfect be the enemy of the good,” board member George Blumenthal, the chancellor of UC Santa Cruz, said at the session.

Board members didn’t see a draft of Klein’s proposal until early October. They held a limited discussion about it as a nonagenda item at their next regularly scheduled meeting on Oct. 31. Then, partially at Sheehy’s insistence, Thomas scheduled a board meeting with Klein, but that wasn’t held until Nov. 15 — a mere three days before the deadline to make changes in the initiative, which had already been submitted to the attorney general for review.

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