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The tax credit to pay the salaries of local journalists is back in the budget bill
Royal Purple News ^ | 11/7/2021 | Rick Edmonds

Posted on 11/10/2021 9:15:01 AM PST by marcusmaximus

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 royalpurplenews.com ...


TOPICS: News/Current Events
KEYWORDS: corruption; kickbacks; payola; paytoplay
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A rough estimate of the price tag is $1 billion the first year.
1 posted on 11/10/2021 9:15:01 AM PST by marcusmaximus
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To: marcusmaximus

This will never be got rid of, and will expand and expand. The “Free Press” will become just another government agency.


2 posted on 11/10/2021 9:16:21 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: marcusmaximus

If I write and post local news here on FR can I get a piece of the pie?


3 posted on 11/10/2021 9:17:37 AM PST by Reno89519 (FJB. Respect America, Embrace America, Buy American, Hire American.)
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To: marcusmaximus

Putting another segment on the government dole to make sure they continue to obey!


4 posted on 11/10/2021 9:18:41 AM PST by immadashell (New Planned Parenthood slogan: Black Babies’ Lives Don't Matter!c)
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To: All

.

Of course it is.


5 posted on 11/10/2021 9:19:04 AM PST by AnthonySoprano (‘’)
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To: Reno89519
If I write and post local news here on FR can I get a piece of the pie?

Perhaps, as a government-certified troll. I think this support will be content-dependent.

6 posted on 11/10/2021 9:20:16 AM PST by Pearls Before Swine (FJB/LGB (Let's Go, Brandon!))
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To: All
47253-A08-E80-E-4-A13-A14-D-0-A1-AFD6-BEE27
7 posted on 11/10/2021 9:20:54 AM PST by AnthonySoprano (‘’)
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To: marcusmaximus

These are the Assistant Democrats that made all of this possible

Dan Sullivan (R-AK) Shelley Moore Capito (R-WV) Mike Crapo (R-ID) Roy Blunt (R-MO) Richard Burr (R-NC) Deb Fischer (R-NE) Lindsey Graham (R-SC) Rob Portman (R-OH) Thom Tillis (R-NC) Lisa Murkowski (R-AK) Jim Risch (R-ID) Chuck Grassley (R-IA) Bill Cassidy (R-LA) Kevin Cramer (R-ND) Roger Wicker (R-MS) Mitch McConnell (R-KY) John Hoeven (R-ND) Susan Collins (R-ME) Mitt Romney (R-UT)

Plus these Assistant Democrats in the House: Van Drew, Katko, Bacon, YoungAK, Upton, Kinzinger, SmithNJ, Fitzpatrick, Reed, Gabarino, GonzalezOH, McKinley.

The Democrats needed GOP help and they got it.


8 posted on 11/10/2021 9:21:17 AM PST by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: All

.

Tell us how much Joe has spent per day since he crawled in.

.


9 posted on 11/10/2021 9:21:41 AM PST by AnthonySoprano (‘’)
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To: AnthonySoprano

We can only blame Mitch so much. After all, the GOP senators are the ones who keep him in his position.

But keep voting GOP folks. Maybe one day they’ll do something for us. LOL


10 posted on 11/10/2021 9:23:52 AM PST by Starboard
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To: marcusmaximus

I think they do this in China and Russia...


11 posted on 11/10/2021 9:24:03 AM PST by oil_dude
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To: marcusmaximus

All media will now will be state-funded, and so state-controlled, organs. No way to get around it.


12 posted on 11/10/2021 9:29:54 AM PST by 9YearLurker
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To: marcusmaximus

Journalist on the government payroll. A little honesty for once is kind of refreshing I think.


13 posted on 11/10/2021 9:30:03 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up....)
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To: marcusmaximus

What could possibly go wrong !


14 posted on 11/10/2021 9:37:13 AM PST by Baldwin77 (Traitor Joe is NOT my president)
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To: marcusmaximus

Hey why not add payments to blm and antifAmerica while they are at it:-|


15 posted on 11/10/2021 9:43:21 AM PST by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: marcusmaximus

The government paying “journalists”. What could go wrong?


16 posted on 11/10/2021 9:45:04 AM PST by libertylover (Our biggest problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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To: Baldwin77

Just look at PBS & NPR.

That has worked well for the Marxists.


17 posted on 11/10/2021 10:27:36 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Steely Tom

Shades of Soviet era news.

“There is no pravda in Izvestia, and no izvestia in Pravda.”


18 posted on 11/10/2021 10:33:54 AM PST by Dead Corpse (A Psalm in napalm...)
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To: marcusmaximus

This is how the “4th Estate” becomes part of the government ‘infrastructure’ and it is as ugly as it sounds!

The term “4th Estate” derives from Europe and the time preceding the French Revolution. The 1st through 3rd ‘Estates’ were the clergy, the nobility, and the commoners and recognized how each shares common interests AND conflicts with the others. The Press were a new creature, less tied to the old structures and thus a reasonable reporter of the actions of these others.

Now the MSM (Press & Media) will/would be subsidized by the government dollar taken from taxpayers. No matter what the restrictions, this is a bad idea!


19 posted on 11/10/2021 11:09:48 AM PST by SES1066 (Ask not what the LEFT can do for you, rather ask what the LEFT is doing to YOU!)
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To: marcusmaximus

Maybe this isn’t so bad after all. If journalists can be singled out for a special tax credit they can be singled out for a special tax. Down the road, under a sane administration, journalists could be taxed by the word, say $1 per word. That could cut down the opinionated bloviating considerably.


20 posted on 11/10/2021 11:29:32 AM PST by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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