AIM quoted discussing the media bailout in CBN
September 25, 2021
Article by Steve Warren at CBN News:
A new report reveals there’s an unusual item in the Democrats’ huge $3.5 trillion social spending spree that most Americans haven’t heard about. It contains funding for a bailout of the American news media.
As the mainstream media has reported, the Democrats’ massive proposal includes expanding Medicare, childcare, college tuition assistance, and major investments in programs to fight climate change over the next 10 years.
But one portion of President Biden’s “Build Back Better” agenda that the news media has remained silent on is their own so-called “tax credit.”
In a commentary published Wednesday in The Daily Signal, Adam Guillette, president of Accuracy in Media, points to a special journalism “tax credit” equal to 50% of the salary of each journalist—up to $50,000 per journalist annually.
So, Americans’ tax dollars could end up paying half of the salary of many journalists in the country whether they like their reporting or not.
“Think of it as a way to turn every news outlet in America into a version of NPR,” Guillette wrote. “Let’s be clear: ‘Saving’ the media would destroy the media. How could we ever trust journalists to accurately cover the elected officials who voted against their funding? How can you ‘speak truth to power’ when you’re also pleading with that power for cash? Which news outlets would get the funding, and which would be snubbed?”