Who Wants Yesterday’s Papers?
Ken McIntyre /
A Senate bill to bail out America’s newspapers, after languishing all summer like so much fishwrap, gained street cred over the weekend when President Barack Obama said he’d “be happy” to consider the measure.
The legislation in question would allow failing newspapers to seek the protection of tax-exempt, non-profit status. “I haven’t seen detailed proposals yet,” Obama told four reporters and editors from the Toledo Blade and Pittsbugh Post-Gazette, “but I’ll be happy to look at them.”
The president’s obliging offer came during a 25-minute softball interview in the Oval Office for stories in the Sunday editions of the sister papers to advance next weekend’s G-20 summit in Pittsburgh.