House Dems propose $1 billion in subsidies for local newspapers

Chuck Ross  |  September 15, 2021

By Chuck Ross, subtitled “Lawmakers hope tax credits will revive industry as trust in media plummets,” includes “The Democrats' plan is vague on which news outlets would qualify for the tax credits. … The proposal is nearly identical to the Local Journalism Sustainability Act, a bill introduced earlier this year … The AFL-CIO, the country's largest labor union, endorsed the newsroom subsidies in a letter to Democratic leaders earlier this month. The union said that stipends were needed to grapple with a so-called information crisis. …”

Read the full article on: The Washington Free Beacon

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