Wednesday, April 22, 2020

Senators want aid for local news


A group of senators from both sides of the aisle is urging Congress to see that more local news outlets are eligible for small business aid in any upcoming coronavirus stimulus package.
Sens. Amy Klobuchar (D-Minn.), John Kennedy (R-La.), John Boozman (R-Ark.) and Maria Cantwell (D-Wash.) wrote a letter to Senate leaders Saturday lamenting that some outlets were left out of aid from the Paycheck Protection Program. “Up to several thousand newspapers and hundreds of local radio and television stations across the country were cut out of existing programs by the U.S. Small Business Administration’s affiliation rule, which restricts assistance to companies owned or controlled by larger entities. Even though these news outlets may be owned by larger groups, they operate independently,” the letter said.
“We urge you to ensure that any future stimulus package makes more local newspapers and radio and television broadcasters eligible for small business assistance under the Paycheck Protection Program (PPP), created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act,” the letter read.
Reps. David Cicilline (D-R.I.) and Representative Jim Sensenbrenner (R-Wisc.) are leading a push on the issue in the House, The Hill reported
The News Media Alliance, National Association of Broadcasters, National Newspaper Association and America’s Newspapers have urged lawmakers to see that any local news operation could apply for aid under the Paycheck Protection Program, no matter who owns them.
The $349 billion set aside for the Paycheck Protection Program was depleted last week.
News and Tech

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