There is "change in the wind" politically--the cutbacks are because our lovely government has seen fit to spend wildly beyond its means and have the Iraq war off the "balance sheet" of the budget--yet the dollars have to be printed to pay for it.
Once the Democrats retake the House and possibly the Senate in November, expect some weight to be thrown around in Washington. As of November 7, George W. is going to wake up and find himself a lame duck and neutered politically, with everyone in the GOP hating his guts for causing them to lose the Congress.