The Build Back Better Act Could Save Local Journalism
A tiny provision of the act recently passed by the House gives local newsrooms a major tax break
The official summary of the Build Back Better Act, which just passed the House of Representatives, is startling in its understatement. It begins: “This bill provides funding, establishes programs, and otherwise modifies provisions relating to a broad array of areas, including education, labor, child care, health care, taxes, immigration, and the environment.” A broad array indeed: the law increases our investments in safe drinking water, energy efficiency, electric vehicles, public health infrastructure, housing and rental assistance, cybersecurity, tribal infrastructure, drought relief, wildfire prevention, small business aid, public transit, and veterans services, along with providing up to six semesters of free community college, free universal pre-K, expanded medical benefits for the poor, dental, hearing and vision care for seniors, reduced prices on pharmaceuticals, up to 12 weeks paid family leave and a path to permanent resident status for Dreamers.
Over time, this legislation, assuming it passes the Senate, will transform many lives and communities. But most Americans have no idea what’s in the Build Back Better Act, other than its overall price of about $2…
