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Massive financial gaps: 1 that it was starting an “orderly wind-down of its operations” weeks after congress passed a measure that clawed … · staffers at local npr and pbs stations around the country were devastated by the news that congress approved $1. 1 billion in federal funding cuts to public media last week, a … · the corporation for public broadcasting will be shutting down after congress passed a bill that cut funding for the corporation. · despite the push in congress to eliminate funding for public broadcasting, most americans still support public media. · the corporation for public broadcasting announced friday that it will begin a wind-down of its operations and cut a majority of its jobs by the end of september following … What this means for npr and pbs. · while federal funding accounts for about 15% of pbs’s overall budget, many small and rural stations rely on it for a much larger share of their operating costs. · the corporation for public broadcasting said today it will start winding down its operations after it lost federal funding. Stations nationwide are grappling with significant budget shortfalls, forcing difficult decisions that will likely include layoffs, reduced programming, and, for some, … · the pbs board voted to cut its budget by 21% on wednesday, a month after congress stripped away its federal funding. · the corporation for public broadcasting announced on aug.