Filings: Meta reduced its $65M midterms budget by $25M through refunds, primarily from a super PAC it launched in 2025 with $45M to fight state AI bills
THE SO WHAT
Meta dialing back a $65M midterms budget—especially via refunds from an AI-focused state PAC—suggests either the regulatory map is shifting or the strategy is. If your business depends on permissive AI rules at the state level, don’t assume platform lobbying will carry you—track bills directly and build your own coalition.
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