Still parsing the numbers, but here’s a more detailed look at NSF

Research and Related Activities (includes CISE) – $4.45 B; up from $4.25 B in FY04; increase of 4.7 percent.
Education and Human Resources – $772 M; down from $939 M in FY04; decrease of 18 percent*
Major Research Equipment – $213 M; up from $155 M; up 37 percent.
Salaries and Expenses – $294 M; up from $219 M in FY04; increase of 34 percent
NSB – $4 M; same as FY04
Inspector General – $10 M; same as FY04.

Overall – $5.745 Billion; an increase of 3 percent over FY04
Highlights – $761 million for NSF’s lead role in NITRD, $305 million for National Nanotech Initiative, and $210 million for climate change science. Five priority areas: Nanoscale Science and Engineering; Biocomplexity in the Environment; Mathematical Sciences; Human and Social Dynamics; and Workforce for the 21st Century. The ITR initiative, one of four NSF programs rated “effective” (the highest designation) by OMB, ends in FY04 and program funds will revert to “NSF’s fundamental science and engineering core in 2005.”
CISE would grow to $618 million in FY05, an increase of 2.2% or $13 million over FY 04.
* The bulk of the decline in EHR is apparently the result of the Administration moving most of the Math and Science Partnerships Program to the Department of Ed.