I am not whinging.
ok. maybe a little. But not a lot. Because this has been the accepted deal for most of my NIH grant funded career in science. Grant awards get reduced from the amount that you have requested and the study section has approved as being appropriate for the work as described.
Notice OD-11-077 gives us the current version of the bad news.

Non-Competing Research Awards for All NIH Institutes and Centers (ICs) Except the National Cancer Institute (NCI): The FY 2011 appropriation level specified in P.L. 112-10 reduces funding from FY 2010 levels and thus warrants reductions in commitment levels for NIH research grants. Non-modular research grants, from all ICs, with the single exception of NCI, will be reduced to 1 percent below the FY 2010 award level. Future year commitments will be adjusted for inflation based on this revised FY 2011 level, taking into account the policy assumption in the FY 2012 President’s Budget. Modular grants will be reduced to 1 percent below the FY 2010 level and may be reduced by an inflationary adjustment level set by each Institute or Center (up to the level set by that Institute or Center for non-modular research grants). The adjusted FY2011 award level will also be the new base for future year commitments.

(NCI is starting with a 3% base hit, btw)
So…what does this mean?

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Remember "Redneck"?

May 20, 2011

No, not these kind.

This one.

He’s tearing up the Tour of California!

With five kilometers to go to the third KOM, the gap had increased a bit with a lead of one minute and 10 seconds on the chasers, still led by Team RadioShack. Ryder Hesjedal (CAN) of Team Garmin-Cervelo launched an attack on a small climb that interrupted the decent and was quickly joined by Paul Martens (GER) of Rabobank Cycling Team, but Hesjedal continued to do most of the work on the front. On the third KOM, Anthony crossed the line first, and the fourth KOM was captured by Jonathan Patrick McCarty (USA) of Team Spidertech Powered by C10.

As the race continued, three riders from Team RadioShack kept pace at the front of the peloton. Horner and Leipheimer leapt off the front to chase Hesjedal, leaving Schleck and David Zabriskie (USA) of Team Garmin-Cervelo behind. They were able to catch him, but Horner proved to be too strong for both and he established a gap between himself and Leipheimer and Hesjedal, a decisive move that put Horner in the lead with three kilometers to go until the finish.

YEAH! Go HORNER!!!!

The most annoying type of grant to prepare, by several orders of magnitude, is the T32 Institutional Training Grant.

I can’t believe anyone signs up to be the PI of one of those more than once.

So when you are whining about how PIs exist only to exploit you, postdocs, um…shaddap.