All articles tagged with #funding reduction
PBS is reducing its budget by 21% following congressional funding cuts, which could lead to significant impacts on local stations, especially in rural areas, as the broadcaster faces a loss of approximately $1 billion in federal funding, prompting staff downsizing and operational changes.
NASA faces its largest-ever budget cuts, with proposed funding decreasing from $24.8 billion to $18.8 billion, primarily impacting scientific research, as detailed in a recent White House budget proposal.
The Biden administration plans to reduce Intel's $8.5 billion federal funding for semiconductor plants, partly due to Intel's $3 billion military chip contract. This decision is unrelated to Intel's financial performance or recent workforce cuts. The funding is part of the CHIPS and Science Act, aimed at boosting U.S. semiconductor manufacturing and reducing reliance on Asian supply chains. The administration also supports Taiwan Semiconductor Manufacturing Co.'s expansion in Arizona to enhance domestic chip production.