Fed agencies ending $8M Politico contracts after Elon Musk calls them ‘wasteful’ use of taxpayer money

WASHINGTON — The White House said Wednesday that federal agencies are in the process of terminating expensive contracts with Politico after Elon Musk, leader of the Department of Government Efficiency cost-cutting initiative, called them a “wasteful” use of taxpayer money. About $8.4 million in taxpayer funds were obligated to Politico over the 12 months ending Sept. 30, 2024, according to data on usaspending.gov. The current award amount is $8.2 million, according to the website. “I can confirm that the more than eight million taxpayer dollars that have gone to essentially...