Meta cut $25 million from its political spending plan for the 2026 midterm elections. The reduction brings its budget down from $65 million to $40 million.
Launched in 2025, the initiative supports state-level politicians friendly to the artificial intelligence industry amid a wave of proposed regulations.
Meta recovered the funds through refunds from political groups it had backed. The American Technology Excellence Project, a super PAC Meta initially funded with $45 million, refunded $22 million. A California-based advocacy group refunded another $3 million.