The report reveals that budget conscious Americans are purchasing first class and business class airline tickets, choosing to fly high in lieu of splurging on luxury lodging digs.

FORBES: Luxury Travel Spending Up Despite Gloomy Economy

They fear the budget cuts will lead to galleries closing, lack of purchasing power for new exhibits and a drop in educational resources.

BBC: On the British Museum's picket line

Because of inflation, over the past decade these NIH dollars actually lost about 20 percent of their purchasing power even before sequestration, at the same time as the federal budget grew by 56 percent in inflation corrected terms.

FORBES: Legendary Drug Industry Executives Warn U.S. Science Cuts Endanger The Future