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The innovation deficit
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Much has been written about the national budget deficit, and for good reason. But America is facing another shortfall that's just as serious: an innovation deficit.As Congress returns to work and negotiates spending levels for the next two years, one priority should be at the top of their list: increased funding for biomedical research.This is something Washington does really well. Ninety percent of the money supporting basic research in this country funnels through the National Institutes of Health, and many Americans live longer and stronger lives because of its work.The impact is practical as well as moral.