Corporation for Public Broadcasting to Shut Down After Losing Federal Funding

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….