I would say this is surprising, but really it's not. The New York Times' Robert Pear explains:

Congress has cut the budget for the National Science Foundation, an engine for research in science and technology, just two years after endorsing a plan to double the amount given to the agency.

Supporters of scientific research, in government and at universities, noted that the cut came as lawmakers earmarked more money for local projects like the Rock and Roll Hall of Fame in Cleveland and the Punxsutawney Weather Museum in Pennsylvania.

David M. Stonner, director of Congressional affairs at the science foundation, said on Monday that the reduction might be just the beginning of a period of austerity. Congress, Mr. Stonner said, told the agency to expect "a series of flat or slightly declining budgets for the next several years."

In renewing the legal authority for science programs in late 2002, Congress voted to double the budget of the science foundation by 2007. The agency finances the work and training of many mathematicians, physicists, chemists, engineers, computer scientists, biologists and environmental experts. [emphasis added]

The Republican Party obviously cares more about short-term political gain for it's members than advancing knowledge that could save American lives and provide technology that could improve the quality of life for millions of Americans.