The Corporation for Public Broadcasting was created by Congress in 1967. It distributes funding to 1,500 locally owned public radio and TV stations across the country. In his proposed 2021 budget President Trump calls for the elimination of CPB over a two-year period.
CPB would receive $30 million in FY 2021 for “agency close-out costs,” which would help fund facilities costs, personal liabilities and existing contracts. Over the proposed two-year close out, the White House estimates the total close-out costs will be $58 million. In FY 2020 CPB received $465 million in federal funding.
The President has tried to eliminate CPB before, each time he gets blocked by Congress. The $465 million approved by Congress last year was the first increase in funding the organization had seen in 10 years.
CPB is forward-funded by two years to allow public broadcasters to leverage the federal dollars and to protect content from political interference. CPB received $445 million from Congress for the current fiscal year and expects to receive another $445 million in FY21. CPB is asking for $515 million for FY23.