Tax Credit to Pay Salaries of Local Journalists Finds Way Back into Budget Bill

  • Congressional Democrat have reinserted a measure to include a tax credit for Washington, D.C.-area journalists into the House’s version of President Biden’s $1.75 trillion domestic spending bill.
  • To be included in any version that would go to Biden for his signature, the measure will also need to gain the support from Senate Democrats and survive any cuts before passage.
  • The recently cut measure was reportedly added back in after publishers and owners of local newspapers communicated the seriousness of the financial crisis in local news to their congressional representatives.