A bipartisan group of United States Senators wrote a letter Sunday calling for expanding payroll assistance to struggling local newspapers and broadcast stations that have seen reduced advertising revenue during the nation’s coronavirus epidemic.
U.S. Senators Maria Cantwell (D-WA), Amy Klobuchar (D-MN), John Kennedy (R-LA) and John Boozman (R-AR) have requested that Senate leaders amend the rules of the Paycheck Protection Program (PPP) in order to make thousands of local newspapers and television and radio stations eligible for assistance.
Many local outlets across the nation are currently ineligible for the funding because they are owned by parent companies too large to qualify, particularly in local television (i.e. Sinclair, Nexstar, TEGNA).
“Ensuring that local news outlets remain viable at this critical time is not only a matter of fairness, but is essential to public health,” the senators wrote in their letter.
Louisiana newspapers and broadcasters have been hit hard. ⁰
— John Kennedy (@SenJohnKennedy) April 19, 2020
The bipartisan group of four senators added that local newspapers have lost as much as 50 percent of advertising revenue. Meanwhile, the National Association of Broadcasters (NAB) says some local broadcasters have reported as much as a 90 percent loss in ad revenue.
“Waiving SBA’s affiliation rules for local newspapers and broadcasters and ensuring that financial assistance flows to the local affiliate, not the parent company, would allow these small, local operations to be eligible for much-needed financial relief. Local newspapers and broadcasters have been hit hard by the COVID-19 crisis, are essential for maintaining a well-informed public, and deserve our help,” the senators wrote.
According to Reuters, “tens of thousands of local media workers are being forced to take unpaid furloughs or seeing cuts to paychecks, while other outlets are shrinking staff and reducing the frequency of printing, and some smaller newspapers in California, Vermont and South Dakota are closing.”
To read the senators’ full letter, click here.
You may like
White House Confirms It Is Looking Into Shutting Down Oil Pipeline Amid Fuel Crisis
The Biden administration confirmed that it is considering shutting down an oil pipeline in Michigan despite the ongoing fuel crisis in the country.
“Revoking the permits for the [Line 5] pipeline that delivers oil from western Canada across Wisconsin, the Great Lakes and Michigan and into Ontario, would please environmentalists who have urged the White House to block fossil fuel infrastructure, but it would aggravate a rift with Canada and could exacerbate a spike in energy prices that Republicans are already using as a political weapon,” Politico Pro reported. “Killing a pipeline while U.S. gasoline prices are the highest in years could be political poison for Biden, who has seen his approval rating crash in recent months.”
Fox News reporter Peter Doocy asked about the report during Monday’s press briefing, asking, “why is the administration now considering shutting down the Line 5 pipeline from Canada to Michigan?”
“So, Peter, that is inaccurate,” Deputy Press Secretary Karine Jean-Pierre claimed. “That is not right. So, any reporting indicating that some decision has been made, again, is not accurate. … So, again, I would — it is inaccurate what you just stated, but —”
“What’s inaccurate?” Doocy asked.
“The reporting about us wanting to shut down the Line 5,” Jean-Pierre said.
“I didn’t say ‘wanting.’ I said, is it being studied right now? Is the administration studying the impact of shutting down the Line 5?”
“Yeah. Yes, we are. We are,” Jean-Pierre admitted.
DOOCY: "Is the administration studying the impact of shutting down the Line 5?"
JEAN-PIERRE: "Yes we are." pic.twitter.com/V5XKhgcmAJ
— Townhall.com (@townhallcom) November 8, 2021
The news comes as gas prices have reached their highest since 2014, when Biden was vice president, and are currently about 50% higher than they were when Biden entered office.
You may like
Politics2 days ago
Kamala Harris Loses Two More Staffers
Nation2 days ago
DEVELOPING: Man Pacing with Shotgun Outside UN Forces Shutdown of NYC Streets
Nation3 days ago
Pro-Abortion Protesters Allegedly Take Abortion Pills Outside Supreme Court
Podcast14 hours ago
How China’s Data Mining Threatens You