PBS?

October 8, 2012 — Leave a comment

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Does cutting funding to PBS help balance the federal budget?

Well, Yes and No. The federal government doesn’t actually fund PBS. The Federal Government does fund the Corporation For Public Broadcasting (“CPB”). CPB supports public broadcasting by funding National Public Radio and the Public Broadcasting Service.

For fiscal year 2010, federal funding for PBS through CPB accounted for about 12% of PBS’ revenue. In terms of dollars, that works out to about $300 million. There’s not much wiggle room to be had: the money that actually goes to CPB is split according to a mostly statutory formula. For 2015, Congress has budgeted $445 million for CPB. That’s less than 1% of the budget. Way less. It’s about 1/100th of a 1%. I’d call it a drop in the bucket, but the reality is its not even a drop.

Here are some other ideas, which politicians should consider to help balance the budget…

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