Meta cuts midterms budget by $25M through refunds

Published Friday, October 16, 2026 · 5:54 PM EDT

Meta reduced its $65M midterms budget by $25M through refunds, the New York Times reported, citing filings. The refunds came primarily from a super PAC Meta launched in 2025 with $45M to fight state AI bills. The company had outlined the budget last year to help elect state politicians friendly to the AI industry.

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