Carlos Slim could fill the void of $445 million that would be eliminated in taxpayer subsidies for public TV and radio. Or perhaps billionaire, Washington Post owner Jeff Bezos, or George Soros
The liberal media have always had an advantage over conservative media because of their billions of dollars in taxpayer subsidies. But now, if the Trump administration has its way with the budget, the liberal media may be reduced significantly in size.
“Public Radio and Television Stations Face New Threat of Budget Cuts” is the headline over a Wall Street Journal article about proposed Trump administration budget cuts to the National Endowment for the Arts (NEA), the National Endowment for the Humanities (NEH) and public broadcasting. These cuts “are being considered to offset the Trump administration’s proposed increase in defense spending,” the paper said.
Almost $13 billion has been spent by Congress on the Corporation for Public Broadcasting (CPB) since 1969.
The Heritage Foundation’s “Blueprint for Balance: A Federal Budget for 2017,” proposes the complete elimination of the CPB, saving the taxpayers $445 million in fiscal year 2017. The CPB funds public radio and TV.