$130 million a year to UC Berkeley? A third of Berkeley's budget?

I heard these numbers on TV yesterday.  US taxpayers give UC Berkeley $130 million a year.  This is one third of Berkeley's yearly budget.
If true, this is appalling.   It makes UC into a US government college, run by the Feds, indoctrinating the students with whatever party line the Feds want.
   Someone will say that the $130 million is support for research.   When they do, I would ask to see the results of all this research.  What new products are on the market incorporating UC Berkeley research results?  What textbooks have UC Berkeley research results printed in them?  In short, what has all that research money produced?  Other than salaries for tenured professors?
   I doubt that Berkeley can match the results of the old Bell Labs, who invented the transistor, discovered the cosmic background radiation, performed the Davidson Germer experiment showing that electrons had a wavelength like photons.  These are just the few things I remember from a long ago physics course.  There are doubtless more successes to Bell Labs credit.  Too bad the anti-trust people killed off Bell Labs in the 1970's.  

Update:   This morning's Wall St Journal says Berkeley receives a lot more money, like $400 million in research grants and $200 million in student loans.