The USGS has the following press release today:
***This is only a partial release - see link below for complete text***

President's FY 2002 Budget for USGS -- Contributions to Energy Security and
America's Environment

The President has proposed a budget of $813 million for the Interior
Department's U.S. Geological Survey (USGS) in Fiscal Year 2002. This
budget request provides the same level of funding as 2000. The 2002 budget
is approximately $70 million below 2001. The 2002 budget focuses resources
on core USGS programs, such as mapping and hazards, and those that directly
support better land and natural resource management by the Department of
the Interior (DOI).
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The link below explains where the cuts will be (water projects) and where how the deficeit will be made up.

Canie

• Budget Press Release