Democrats have shut down hopes of getting more relief to small business owners but are looking to line the pockets of their buddies in the media.
The Hill reported that over a dozen senators are calling for s stimulus bill for the media:
More than a dozen senators are calling for any future stimulus package addressing the economic fallout from the novel coronavirus to include funding for local journalism, saying that communities across the U.S. are at risk of losing their source of news because of the pandemic.
“Local news is in a state of crisis that has only been exacerbated by the COVID-19 pandemic,” the senators wrote in a letter sent to the upper chamber’s leadership on Wednesday.
The letter was signed by 18 Democratic senators, including Amy Klobuchar (Minn.), Sherrod Brown (Ohio) and Joe Manchin (W.Va.), as well as Independent Sen. Angus King (Maine).
The letter notes many of the struggles the news industry has felt over the last two decades as big tech platforms swallow up a majority of the ad revenue that was a key source of profit during the print age. Newsroom employment has significantly decreased and about 1,800 local newspapers have ceased their operations since 2004, according to a University of North Carolina report.
Jeff Bezos and CNN do not need to get any money from the taxpayers, as a matter of fact, they all need a pay cut.
The proposal comes after Democrats slammed the door on more stimulus going to small business owners to help them cover their payroll during the pandemic. According to Senate Majority Leader Mitch McConnell, 30% of the $300 billion used to fund the Pay Roll protection plan was used in the first few days.
Treasury Secretary Steve Menuchin asked the Senate for more money to shore up the fund, Senator McConnell took to the floor and the Democrats blocked the bill. House Speaker Nancy Pelosi said there is no reason for additional aid.
Nancy Pelosi calls Mitch McConnell’s request for an additional $250 billion in aid for small businesses a “stunt on the floor of the Senate” and says there is “no data as to why we need it.”
— Daily Caller (@DailyCaller) April 9, 2020