Nov 4, 2011

Romney cites CPB as target for "deep reductions in subsidies"

In a column in USA Today, GOP presidential hopeful Mitt Romney vows to "enact deep reductions in the subsidies" for entities including the National Endowment for the Arts, the National Endowment for the Humanities and the Corporation for Public Broadcasting, along with other cuts. "What I propose will not be easy," he writes. "Washington is full of sacred cows that supposedly can't be slaughtered and electrified third rails that allegedly can't be touched. But if we do not act now, the irresistible mathematics of debt will soon lead to unimaginable peril."