Newspaper bailouts?

Reuters reports that Connecticut lawmaker Frank Nicastro doesn't want to see the newspaper in his state fold, so he's asking the state government to do something about it.
His district includes Bristol, home of The Bristol Press, which may fold within days along with The Herald in nearby New Britain.
Could newspapers be next for a bailout?
From the story:

Nicastro and fellow legislators want the papers to survive, and petitioned the state government to do something about it. "The media is a vitally important part of America," he said, particularly local papers that cover news ignored by big papers and television and radio stations. To some experts, that sounds like a bailout, a word that resurfaced this year after the U.S. government agreed to give hundreds of millions of dollars to the automobile and financial sectors.Relying on government help raises ethical questions for the press, whose traditional role has been to operate free from government influence as it tries to hold politicians accountable to the people who elected them. Even some publishers desperate for help are wary of this route.