Corporation for Public Broadcasting to Shut Down After Losing Federal Funding

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Most positions will be cut on Sept. 30, which is the end of the federal fiscal year.

The Corporation for Public Broadcasting announced on Aug. 1 that it is closing operations due to losing taxpayer dollars.

It comes a week after President Donald Trump signed a $9 billion rescissions package that included a $1.1 billion cut to the nonprofit entity.

Additionally, Senate appropriators declined to make funding available to the broadcasting corporation, which was authorized by Congress in 1967.

“Despite the extraordinary efforts of millions of Americans who called, wrote, and petitioned Congress to preserve federal funding for CPB, we now face the difficult reality of closing our operations,” said Corporation for Public Broadcasting President and CEO Patricia Harrison in a statement.

“CPB remains committed to fulfilling its fiduciary responsibilities and supporting our partners through this transition with transparency and care.”

Most positions in the organization will be cut on Sept. 30, which is the end of the federal fiscal year. A transition team will be on board until January 2026 to wind down operations such as paying financial obligations.

The Corporation for Public Broadcasting has supported more than 1,500 public television and radio outlets in the United States, and it is the “largest single source of funding for research, technology, and program development for public radio, television, and related online services,” according to its website.

Until the rescissions legislation became law, the nonprofit corporation funded NPR and PBS, both of which have come under fire by Republicans and conservatives for what they say is liberal bias.

Fifteen percent of PBS’s funding came from the federal government, while NPR’s was less than 2 percent.

In May, Trump signed an executive order to end funding for the Corporation for Public Broadcasting, stating that it has no right to government funding and that it is biased.

“Unlike in 1967, when the CPB was established, today the media landscape is filled with abundant, diverse, and innovative news options,” stated the executive order. “Government funding of news media in this environment is not only outdated and unnecessary but corrosive to the appearance of journalistic independence.”

Along with the Corporation for Public Broadcasting shutting down, NPR and PBS stations may also have to close due to a lack of federal funding.

By Jackson Richman

newsRead Full Article on TheEpochTimes.com

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