California’s Lifeline for Local News | San Diego News

California lawmakers narrowly passed a bold new bill, Assembly Bill 2222, designed to rescue struggling local newsrooms with refundable tax credits—$20K per journalist for first five hires, $15K each beyond—that could unlock up to $40 million annually. Though backed by major publishers, the governor’s office and business groups warn it lacks spending caps and may subsidize existing jobs rather than create new ones. With Governor Newsom’s deadline looming September 30, this could be the nation’s largest targeted lifeline for journalism—or a risky gamble with taxpayer dollars. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0a0022ef706c7158