These companies, like the Washington Post and CNN, are desperate for money because people are tuning them off… so instead, the Biden regime is just going to pay them with your tax money.
Giving billions of dollars to the propaganda media, the Build Back Better scheme is nothing but a glossy coated pile of crap… channeling tax dollars to media corporations like the Washington Post.
Biden claims that the Build Back Better Act will help ordinary Americans, but the legislation, like so much in Washington D.C., is a collection of pork for corrupt special interests. One of those special interests is the media which suppressed negative stories about Biden and the Democrats, like the FBI investigation of Hunter Biden, while promoting disinformation, like the Steele Dossier, targeting President Trump: Biden’s opponent in the presidential election.
The media operates like a Democrat messaging operation and its partisanship has undermined its business model, especially for local news outlets which, unlike major national outlets, cannot simply ignore their existing readers and viewers to focus exclusively on radical urban leftists.
Congressional Democrats, with the complicity of some Republicans, had previously proposed media subsidy schemes that included tax credits for media companies, tax breaks for subscribing to papers, and even a $5,000 tax credit for taking out an ad in the local paper.
The media subsidy scheme in Biden’s Build Back Better Act offers $1.9 billion to the media with a payroll tax credit covering 50% of salaries, as much as $25,000, for the Democrat propagandists on media company payrolls, and another 30% over the next four years.
While the Democrats claim that this $1.9 billion special interest giveaway to the media is helping “local news”, it’s capped at 1,500 employees. The Washington Post has only a little over 1,000 “journalists” on its payroll. The legislation is written in a typically convoluted fashion, so it’s not altogether clear if the premier propaganda outlet of the Democrats, owned by the richest man in the country, would qualify for these subsidies at a time when Americans are struggling to get by.
Lest there be any doubt that the so-called “local journalism” provision is a State Media scheme to subsidize hit pieces on Republicans, Democrats explained that’s exactly what it’s there for.