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This memo is a report from Jack Crowley of the Massachusetts Institute of Technology on the issue of funding for biomedical research. Crowley summarizes the comments of Rep. John E. Porter, Chairman of the House Appropriations Subcommittee on Labor, Health and Human Services at a rallying speech for Research!America. Issues addressed include the report from Citizens Against Government Waste that NIH is "foolish government spending" and the suggestion for a national trust fund for research.. NOTE: The original text is cut off on the left side on page 1.