After Shutdown: Administration Gives $445,000,000 to Corporation for Public Broadcasting
Read more at http://cowboybyte.com/24994/shutdown-administration-gives-445000000-corporation-public-broadcasting/#BcjSzoIOQj44tWwy.99
On the first day of the “shutdown” of the
federal government, when members of the U.S. Senate were going to the
well of their house to point out that the shutdown would prevent the
National Institutes of Health from starting clinical trials for cancer
patients and others facing possibly terminal illnesses, the
administration was giving $445,000,000 to the Corporation for Public
Broadcasting, according to the Daily Treasury Statement.That means PBS NewsHour, National Public Radio and Sesame Street got a
taxpayer subsidy during the shutdown, but not would-be cancer patients
at the NIH.
Read more at http://cowboybyte.com/24994/shutdown-administration-gives-445000000-corporation-public-broadcasting/#BcjSzoIOQj44tWwy.99
The $445 million the Treasury handed over to CPB was more than the $119 million the Treasury paid on the first day of the shutdown in interest on U.S. government debt that is held by the public. It was also more than $171 million in Social Security benefits the Treasury paid that day. But it was less than the $592 million the Treasury paid for Veterans Affairs programs on the first day of the shutdown.
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