Former NIH director Elias Zerhouni's comment to the Washington Post:
The second area is vibrant human capital, which is the part that I’m most concerned about. If we don’t offer the young bright minds a career that is predictable, then we lose them. We have, like, 17,000 scholarships that we give to people to stay in science.I suspect that most readers of this blog hold federal funding of graduate students and postdocs at arms' length, in that it's partially responsible for the excess of scientists. But this sort of near-random cutting is not ideal and there are undoubtedly lots of graduate students, postdocs and assistant professors who will be permanently and negatively affected.
Best wishes to them, and to all of us.