The poem is built on a small, sharp image: a homeless man's story appears in the morning paper, and by afternoon the same paper is what he sleeps under. In just three lines, the news turns from something people read into something a person uses to stay warm.
The title tells us he is "in the news," so he is a subject of interest for a moment. The short lines suggest how thin that interest is. The paper that reports on him offers no help beyond its own flimsy pages. Notice the odd phrasing, too: the bed "covers me," as if the bed itself were the blanket, which blurs furniture and covering into one makeshift shelter.
The speaker doesn't complain. The tone is flat and matter-of-fact, which makes the scene quietly painful. The mood is bleak but restrained, leaving us to feel the gap between being talked about and actually being cared for.