According to a report in The New York Times (8/14) by writer Ben Mullin, PBS is cutting its current budget by more than a fifth in response to the Corporation for Public Broadcasting’s defunding. The cutback is in reaction to the fact that approximately 15% of PBS’s budget derived from the federal grants are about to be slashed per Congressional decision. This move eliminates roughly $500 million in federal funding from public radio and television. This is having a negative rippling impact on the entire PBS local station system. Read the entire NYTimes report here.
