From www.whitehouse.gov:

President Bush's Stem Cell Policy Has Made Federally Funded Stem Cell Lines Widely Available To Scientists. The NIH has sent more than 700 shipments of cells to researchers, and has thousands more available upon request.

WH Spokesman Tony Snow, after Bush signed veto:

"The simple answer is he thinks murder's wrong," said White House spokesman Tony Snow. "The president is not going to get on the slippery slope of taking something living and making it dead for the purposes of scientific research." DETAILS

So either its murder - or it's not. On one hand they tout all the president has done for stem cell research on the other - IT'S MURDER!!!!!!!!!