Termination of federal contract with Politico

The White House has announced the termination of federal contracts with Politico totaling approximately $8.4 million, following criticism from Elon Musk, who leads the Department of Government Efficiency's cost-cutting initiative. Musk labeled these expenditures as a "wasteful" use of taxpayer funds.
NYPOST.COM

White House Press Secretary Karoline Leavitt confirmed the decision, stating that the administration is committed to scrutinizing federal spending to ensure it serves the interests of the American people. She emphasized that funding not meeting this criterion will be discontinued.
WASHINGTONTIMES.COM

Politico, owned by Axel Springer, is known for its specialized policy newsletters on topics such as healthcare and energy, which are widely read by Washington insiders. The cancellation of these contracts is part of a broader initiative to reduce government spending on media subscriptions.
NYPOST.COM

Elon Musk hinted at further reductions, suggesting that many media outlets might experience a decline in revenue as the government continues its efforts to eliminate unnecessary expenditures.
WASHINGTONTIMES.COM

This move has sparked discussions about the relationship between the government and media organizations, as well as the appropriate use of taxpayer money in funding media subscriptions.