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CPB budget to be slashed in half

The Bush administration plans to cut the Corporation for Public Broadcasting’s 2009 budget from $400 million to $200 million and reduce it to $180 million in 2010. No advance appropriation was made for 2011.

Broadcasting and Cable is reporting Rep. Markey, Chairman of the powerful House Telecommunications & Internet Subcommitee, sees the president’s budget slashing of the CPB as “short-sighted” and looks to get it rejected by Congress.

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