It's not the FUNDS that are Lacking for Embryonic Stem Cell Research.
It's the Results.

Successful human trials/treatments using Embryonic Stem Cells: 0
Successful human trials/treatments/cures using Adult Stem Cells: 72
 
FDA approved human trials using embryonic stem cells -- 0
FDA approved clinical trials using adult stem cells -- 1,181
 
Embryonic stem cells have been used in ANIMAL trials for 25 years.
After 25 years, and many thousands of dead mice and rats, ESCs have not been shown safe enough for trials in humans, mainly because of their propensity to form tumors (grow uncontrollably), and because of their rejection problems.

[Life Insight, June-July 2006]