Shouldn't this be a bike tour?
World cycling champion Lance Armstrong on Tuesday urged voters to allow the state to borrow $3 billion for cancer research and prevention, saying Texas is the right place to head up the fight against the disease."I think it's the most logical state with the medical institutions in Texas," Armstrong, a testicular cancer survivor and seven-time Tour de France winner, told the Houston Chronicle's editorial board. "I view it as an investment in the future lives of all Texans."
Under the proposal, called Proposition 15, the state could issue up to $300 million a year in bonds over the next decade. The money would be distributed to universities and biotechnology research companies through a competitive grant process administered by a state cancer research center.
The Legislature approved the measure in May, and Gov. Rick Perry signed it in June. But the plan won't go forward unless it's approved by voters on Nov. 6.
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Armstrong plans to kick off a statewide bus tour to galvanize voters on Saturday in Austin at his group's signature fundraising event, The Livestrong Challenge run. He's expected back in Houston on Tuesday.