A group of Tea Party backed conservatives, called the Republican Study Committee, revealed a plan Thursday to cut the Federal funding for the arts down to zero. The group, led by Ohio Rep. Jim Jordan, introduced the Spending Reduction Act of 2011. In it, the National Endowment for the Arts and the National Endowment for the Humanities would be entirely cut off, "saving" approximately $167.5 million a year. The Corporation for Public Broadcasting would likely also be axed, "saving an additional $445 million annually. The proposal would be expected to reduce federal spending by $2.5 trillion dollars over the next decade.
Currently, the Federal investment helps employ 5.7 people nationwide.
via Huffington Post
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