WRONG. Media outlets like KGO will actually get government subsidies to stay on the air, if it is enacted. Only media outlets "slandering" the majority party will be shut down.
It’s not a matter of government subsidies, or funds to operate. It’s about forcing them to change their format.
The same way liberals will force the conservative stations to change their format and get out of talk radio: by deluging the station with such a huge harrasing barrage of demands for equal time, the station owner will eventually throw up his hands and give up, and get out of the talk radio busuness altogether.
My only concern is, if KGO starts having conservatives on the air, their ratings will likely go UP, so this might not work.