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Chapter 6 - Budget Wars

from Part II - Dissolution?

Published online by Cambridge University Press:  21 October 2021

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Summary

In May 2015, at Christie’s in New York, nearly $1 billion in art was auctioned, $706 million on a single night.1 The US alone accounted for $27.5 billion in art sales in 2015.2 On November 15, 2017, one painting alone, the much-disputed Leonardo da Vinci Salvator Mundi, sold for over $400 million.3 In February 2017, Republican majority lawmakers and administration officials planned to eliminate the National Endowments of the Humanities and Arts and their total annual budgets of $300 million (less than one-tenth of 1 percent of the total Federal budget FY 2017 of $3.85 trillion). The Trump administration later reiterated this call. A simple 1 percent transaction tax on annual US art auctions could generate enough funds to support both endowments’ annual budgets. Why then is public support for the arts and humanities a special target of the right wing? The numbers make it clear that this is not a budget issue. Yet, eliminating these popular programs remains high on the right-wing’s agenda because the endowments underscore a public commitment to authority, separateness, and innovation in the liberal and performing arts. The NEH and NEA support and lend authority to a culture class outside the control and private patronage of a smaller and smaller group of corporate oligarchs.

Type
Chapter
Information
The Attack on Higher Education
The Dissolution of the American University
, pp. 111 - 150
Publisher: Cambridge University Press
Print publication year: 2022

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  • Budget Wars
  • Ronald G. Musto
  • Book: The Attack on Higher Education
  • Online publication: 21 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108559355.009
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  • Budget Wars
  • Ronald G. Musto
  • Book: The Attack on Higher Education
  • Online publication: 21 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108559355.009
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Budget Wars
  • Ronald G. Musto
  • Book: The Attack on Higher Education
  • Online publication: 21 October 2021
  • Chapter DOI: https://doi.org/10.1017/9781108559355.009
Available formats
×