News

The presidential campaigns continue to duel over Mitt Romney?s pledge to gut the funding future of public broadcasting. Today, Mitt Romney responded to the Obama campaign?s new ?Big Bird? ad by once again missing the point regarding public broadcasting?s economic benefits to the nation. As CWA pointed out last week, federal investment in public broadcasting is the epitome of a successful public/private partnership ? the federal investment in public broadcasting acts as seed money for local stations, which leverage every $1 of federal investment to raise over $6. All together, federal funding for public broadcasting contributes more than $1 billion to the national economy, for less than $1.40 per American.