Obama proposes $1 billion for Cancer research

The White House is putting a dollar sign in front of its ambitious effort to cure cancer, announcing $1 billion in funding over the next two years.
The money will go to develop vaccines, improve cancer detection, research immunotherapy treatments, analyze the genetic makeup of tumors, share data and a focus on cancer in children.
The announcement came as Obama and Vice President Biden were scheduled to launch the first official meeting of the White House Cancer Moonshot Task Force, a State of the Union initiative with a goal to "end cancer as we know it."
Obama first announced the cancer "moonshot" in his State of the Union address last month, saying he would put Biden in charge of the effort. Biden's son, Beau, died of brain cancer last May.
In an e-mail to supporters Monday, Biden said the job of the task force will be to "clear out the bureaucratic hurdles,
and let science happen."