Posted on 11/05/2021 10:12:46 AM PDT by marcusmaximus
A rough estimate of the price tag is $1 billion the first year.
Days after it was dropped from the House version of the budget bill, a tax credit to help pay the salaries of local journalists is back in. The measure still needs to win inclusion in the Senate’s version and survive any further reduction of the $1.75 trillion target total. Still, the move represents a big improvement in prospects for the subsidy.
Steven Waldman, president and co-founder of Report for America, and Dean Ridings, CEO of industry association America’s Newspapers, both credited the turnaround to publishers and owners communicating the severity of the financial crisis in local news to their representatives.
The credit would pay half the salary of journalists up to $50,000 for the year after it passes, 30% for four years after that. A rough estimate of the price tag is $1 billion the first year.
(Excerpt) Read more at poynter.org ...
Bailouts for local 99.9% rat propaganda rags.
Federal Government will only be reformed after it goes bankrupt/insolvent. The momentum and power of politics, corruption and printed money is too strong otherwise.
Dims want to have the taxpayer pay their PR Bill’s. What a travesty.
When journalists are paid by the government they become propagandists. It’s how you keep getting paid.
Political payoff for party propaganda.
When the government pays journalist salaries, up to $50K, the government owns the journalist. Who comes up with these dumb ideas?
Government sponsored journalism. This is so obviously an attempt to force government control of media. They already have 95% leftest control, now they want 100%.
Government paying up to $50k of $100k media whore salaries.
Welcome to the American Pravda
They run the media anyway, this way everyone knows who their master is. This is the worst idea I have ever seen. But right on time for the Communist takeover.
The libs are all jumping on taxpayer funded flights to Europe.
Sounds like a First Amendment violation of freedom of the press, to me.
Getting “journalists” on the government payroll.
Very....Soviet of them.
Apparently Journalists want a payback for being the Dems propaganda machinery.
No! No! No! To hell with this.
The Ministry of Propaganda is going broke.
This is nuts. Of all the professions we don’t need to pay, this is in the top 5. Let the market sort out the real journalists from the parrots.
Exactly. All his place and seven failing years of terrible reporting. For example a newspaper based out of a major city is that happened in that city and then he its surrounding areas ignore the rest of the state of region because that’s not important to them.
As they ignore more areas people stop subscribing or viewing and the people in these liberal cities never really read the paper to begin with as they rely on social media nowadays.
They do need paid for all the in kind contributions every election cycle.
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