I just don't believe it. The "moderate" senators trying to whittle down the stimulus package to avoid a filibuster in the Senate really are suggesting that NSF funding be cut, presumably b/c of the silly porn-viewing incident.
UPDATE: Whew. Thanks in part to hard lobbying by a large number of scientists and engineers, especially the folks at Sciencedebate 2008, the Senate compromise version of the stimulus package was not eviscerated of support for science. It is interesting to note, though, that the NIH will get a boost that exceeds the NSF's entire budget.