What a shitty article. I hit "back" when the article went to the trouble of putting up an entire chart to show: "spending on R&D has essentially been flat since 2011 across several countries including the U.S."
To put this into perspective: The entire annual NSF budget is $7 billion. From Wikipedia:
"With an annual budget of about US$7.0 billion (fiscal year 2012), the NSF funds approximately 20% of all federally supported basic research conducted by the United States' colleges and universities.[1] In some fields, such as mathematics, computer science, economics and the social sciences, the NSF is the major source of federal backing."
The entire NIH budget is 30 billion a year. NASA's is 18 billion.
The second chart of the article shows that adjusted for inflation, the purchasing power of scientific funding has decreased from 10-30% since 2004.
The article is pretty bad, but I wouldn't be too quick to dismiss the issue. If you work out the numbers, it's still an alarming problem.
I think that the article should do the math for the audience to better report on the problem though. Five minutes of following links looks like the Salon article is a summary of the Huffington Post article, which is a summary of the original report by the American Society for Biochemistry and Molecular Biology (ASBMB).