Billionaires Want Your Tax Dollars | Prop 38 Explained

$8.4 billion in borrowing. Who benefits, who pays, and what are California voters actually being promised? Ben Phillips sits down with Dr. Robert Kaplan, a former NIH associate director and Stanford researcher, to unpack California Proposition 38 and why he opposes it despite a career spent supporting medical research. This is about more than whether research deserves funding. It’s about where the money goes, who controls it, and whether taxpayers should carry the financial risk. In this full episode of Healthcare Uncut, we discuss: • The proposed $8.4 billion in taxpayer-backed bonds. • Why Kaplan believes the eligibility rules position one UCLA-affiliated institute to receive $4.2 billion. • Annual debt payments and the pressure they could put on California’s General Fund. • The difference between drug sales, intellectual property royalties, and money returned to taxpayers. • Why Kaplan questions whether research revenue could cover the debt. • What California’s earlier stem cell research initiative can teach voters. • Transparency, oversight, and accountability for public funding. • The time and uncertainty involved in turning research into treatments. • Funding tomorrow’s discoveries while protecting access to care today. • Alternative approaches to supporting scientific research. You can support medical research and still question how billions of public dollars are allocated. Learn more about the No on Prop 38 campaign, read its arguments, and access voter resources: https://votenoonprop38.org Should taxpayers fund the research if they carry the risk? Tell us what you think in the comments. Subscribe to Healthcare Uncut with Ben Phillips for direct conversations with the people shaping healthcare. Dr. Kaplan speaks in his personal capacity. His views do not represent Stanford University. This interview presents the hosts’ and guest’s perspectives opposing Proposition 38. #Prop38 #California #HealthcareUncut Read the official voter analysis: https://voterguide.sos.ca.gov/proposi... Read CalMatters’ investigation into the eligibility requirements: https://calmatters.org/politics/elect...