Nonprofit newspapers will surely be very aggressive going after news, right
The U.S. government could provide tax breaks for newspapers or allow them to operate as nonprofits to help the struggling business survive, Sen. John Kerry said Wednesday.
Kerry, a Massachusetts Democrat, said Congress can help the industry hit by a collapse in advertising revenue, debt that is getting harder to repay and the drift of print subscribers to free online news websites.
Without newspapers, Kerry and other lawmakers said at a Senate subcommittee hearing Wednesday, there will be too few journalists investigating governments, companies and individuals.
"I think there are definitely some things we can do to encourage, to help the situation without stepping over any line," Kerry told Reuters after holding a hearing on the future of journalism. . . . . .