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The executive branch will stop spending money on Politico subscriptions after paying millions of dollars to the news outlet last year, press secretary Karoline Leavitt said at a briefing Wednesday.
Why it matters: It’s an easy political lever for the Trump administration to pull to undermine media without facing legal or regulatory hurdles.
How we got here: A fake theory about Politico being funded by the government is catching fire in right-wing circles.
Zoom in: The story appears to have started when Politico missed payroll on Tuesday because of a tech snag, media reporter Will Sommer notes.
Reality check: It appears $24,000 of that $8.2 million came from USAID. $8.2 million was the amount the entire government paid Politico — and it’s likely the cost of premium subscriptions, such as Politico Pro.
What they’re saying: Politico CEO Goli Sheikholeslami and global editor-in-chief John Harris sent a memo to staffers saying “we welcome” the conversation around the value of Politico’s subscriptions.
Zoom out: The government spends money on subscriptions and advertising with various media companies. Agency heads are allowed to dictate that spending, according to the General Services Administration.
Our thought bubble: The government spends trillions of taxpayer funds annually. The fact that the Trump administration is focused on slashing relatively small media budgets at the outset of Trump’s second term speaks to how seriously targeting media companies is their priority.
This story was updated with the internal Politico memo.
Disclosure: Our Axios Pro product provides in-depth policy and industry news to paying subscribers, including government employees. Last year, $5,550 in payments were made to Axios as part of a Federal Communications Commission subscription, according to the government’s database that tracks federal spending.
This article was written by Erica Pandley and WWSG exclusive thought leader, Sara Fischer.
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