The Local Journalism Sustainability Act, which if passed would see the federal government subsidizing the hiring of local reporters and newsroom employees via tax credits, is a troubling and ill-advised giveaway to commercial TV broadcasters.
Bipartisan support in Congress has gathered for the Local Journalism Sustainability Act, and its supporters believe there’s a decent chance it will be a part of the huge spending bill that Congress is now focusing on. The proposal, which provides a series of tax credits rather than direct grants, is intended to give local newspapers, digital-only publications and other local news organizations a chance to be financially viable as they figure out how to make their way in the new digital world.
In a letter to Senate leadership, all 50 state broadcaster associations are calling for passage of the Local Journalism Sustainability Act. They said the bill “would provide local newsrooms a lifeline that would enable them to sustain, and in some cases, significantly improve the critical public service these local media outlets provide their communities.”