By Erik Cushman, includes “In Washington, D.C., Senate Majority Leader Chuck Schumer signed on as a co-sponsor of the Local Journalism Sustainability Act, which gives the bill real prospect for inclusion in the massive $3.5 trillion reconciliation package that will be considered later this month. … The use of tax credits as a way of generating public financial support of local journalism is elegant and clever as it allows the market to determine which outlets will benefit. …”