The president said he is "happy to look at" bills before Congress that would give struggling news organizations tax breaks if they were to restructure as nonprofit businesses.
http://thehill.com/blogs/blog-briefing-room/news/59523-obama-open-to-newspaper-bailout-bill
Hopefully this is just wishful thinking on the president’s part; bailing out news organizations would be a colossal mistake! The problem with news organizations today they are to partisan, to bias and give out false information. It’s a wonder more Americans get their news from other sources instead of from traditional news sources. In a previous post for the Pew Research Center reported that just 29% of Americans state that news organizations get the facts straight, our biased and report inaccurate information. The news media needs to get back to reporting the news not making news. A tax payer bailout is out of the question!
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