Is the US giving up on fuel cells?

According to this article in the New York Times, the new administration's Department of Energy budget beginning Oct. 1, 2009, will not include funding for cars powered by hydrogen fuel cells, citing a lack of viability for the technology over the next 10 to 20 years.

Is the Administration being too hasty in its decision to cut funding to a technology once thought to be the key to weaning us off of foreign oil?