Gibbs: No Bailout For Newspapers
POLITICO: Asked in his Monday briefing if the White House would consider bailing out the newspaper business, White House press secretary Robert Gibbs told reporters the government may not have the power to reverse the industry’s decline.
“I don’t know what, in all honesty, government can do about it,” Gibbs said in response to a question about the Boston Globe’s financial struggles.
POLITICO: Robert Gibbs: No bailout for newspapers
