I would agree with you, except for NIH/CDC/NSF. That and a repeat of the hostility of the US towards scientific visitors and phd students we saw in the first incarnation of this administration is going to have a major effect on the momentum of scientific research for quite a long time.

Don't forget the DOE. The pipeline for training nuclear physicists to work at national labs industry and medicine is already being wrecked. Undergrad summer research funding is mostly gone this year where I am. Very bad for the country, very bad for US scientific leadership.

If you discount education, healtcare, nukes, foreign policy, and national security, sure. Nothing is directly harming your day to day life except the looming recesion trump is accellerating. Even then, if you're rich enough that still won't impact you.

They are trying to shrink it with a sledgehammer. In my head the ends do not in fact justify the means. It's like solving famine by killing half the population. It would indeed work and give more resources to the remainder.