NIH stimulus to fund old grants

Rather than funding new grants, the NIH's Office of the Director will spend the vast majority of its $8.2 billion stimulus check to finance grants that have already been reviewed and to supplement existing grants. A smaller sliver -- some $100 million to $200 million -- will fund new two-year "challenge grants," which will support cutting-edge short projects, and will require researchers to report the number of jobs created or preserved by the grant to show that the money is boosting local econ