Senator proposes non-profit status for newspapers

By GottaLaff

I'm a big fan of newspapers, and hate to see them folding (no pun), one after the other. Hey! Here's a thought:

As a growing number of American newspapers halt daily publication or threaten to do so, U.S. Sen. Benjamin Cardin introduced legislation Tuesday that would allow newspapers to operate as non-profit organizations, providing significant tax breaks to the struggling industry.