WebsterMark
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So the $8 million is the total that the federal government paid for Politico subscriptions. That’s different than USAID giving 8 million dollars to Politico directly.
I suppose you could say if the federal government had over 2 million employees and 90% are working from home since the pandemic and 100,000 just resigned for 8 months pay, why are we paying another company to keep track of legislation and its impact when we already have a couple million people on the payroll? Couldn’t some of these people do the same thing we are paying Politico for?
In a statement, Politico said it has not taken "a dime" of subsidies or grants from the federal government. Rather, federal agencies use the procurement process to subscribe to Politico Pro, a service that tracks legislation and other policy minutiae. The service made over $100 million in 2023, which made up over half of the company's revenue that year, according to Vanity Fair.
Across the federal government, subscriptions for Politico services totaled more than $8 million last year, according to USA Spending. USAID paid $24,000 to Politico in 2024 for a subscription to E&E, an energy and environmental news service owned by the company, according to the same site.
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