Research funding cuts rumored to be ~60% across all agencies

All the details will be worked out in April, but rumors are this is what they're aiming for. It's already been proposed to cut 57% for DoD funded medical research by the house.

This will be nothing short of catastrophic. The US is a global leader in technology and research, and this will come to a very abrupt end. Many, many people (faculty and students) are already looking to relocate.