News

Local News Outlets Could Reap $1.7 Billion in Build Back Better Aid

November 28, 2021/

Newspaper

President Joe Biden’s $1.85 trillion social spending bill includes a provision that, if it becomes law, would mark the first time the federal government has offered targeted support to local news organizations

The measure would allow newspapers, digital news outlets and radio and television stations to claim a tax credit of $25,000 the first year and $15,000 the next four years for up to 1,500 journalists.

 


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