So while PBS is not shutting down, the loss of CPB funding will have a significant effect on the organization, particularly television stations that operate to serve rural communities.

PBS is cutting its current budget by more than a fifth to deal with Congress’s recent decision to eliminate roughly $500 million in federal funding from public TV and radio, according to a memo ...

The PBS board voted to cut its budget by 21% on Wednesday, a month after Congress stripped away its federal funding.