Now, even its survival as a laboratory is in question after the proposed severe cuts in the budget. But I think what is frustrating is that most people would just wish that those who are in power would just make up their freaking minds! I think this sums up best:
The budget decisions, part of a $550 billion omnibus spending package that Congress approved this week, call into question the U.S.'s commitment to particle physics as a whole, says Fermilab Director Pier Oddone. "There's a policy question for the government and for Congress," he says. "Do we want to stay in particle physics or not?"
They need to decide now because with the LHC looming in the near future, they either should give sufficient funding, or simply declare that the US will no longer be in particle physics and close up shop. This way, they can take the "credit" later on in the history of human civilization as being the group of legislator responsible for killing high energy physics work in the US. Maybe that is something they want to be proud of.
Edit: More related news story on this matter.