Tonight, Mitt Romney set off an avalanche of criticism and satire following his remarks that at the Republican convention that he likes “Big Bird,” but he will be cutting all funding to the Public Broadcasting Service (PBS).
Here’s the clip of him saying that:
It’s worth pointing out that federal subsidies only account for a tiny minority of public broadcasting budgets. Only 15 percent of PBS’s budget comes from the federal trough.
In fact, all public broadcasting put together under the umbrella of the Corporation for Public Broadcasting (CPB), only accounts for $420 million from the federal government.
So Romney wants to wipe out this funding, which amounts to $4.2 billion over ten years if the funding stays consistent. But his corporate tax plan — which involves a huge tax giveaway to Big Business — would blow a $1 trillion hole in the federal budget over the next ten years.
That means that Romney’s corporate tax cuts cost 238 times more than all public broadcasting funding combined.
Maybe the satire is onto something. It’s possible Romney doesn’t actually like Big Bird very much, or at least 238 times less than he likes ExxonMobil, Wal-Mart, and other corporations he’d be rewarding with his tax plan.