WSJ raises rate for news clipping service for the White House by $600k

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retro

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That's pretty exorbitant... but hey, Murdoch is all about making ridiculous amounts of money. What I found amusing was this quote though...

The Murdoch-owned Wall Street Journal has jacked up the rate it charges the administration’s news clipping service by a jaw-dropping $600,000 per year — and is steering the White House towards a direct deal with News Corp., according to an administration official.

Obviously, we’re not paying $500,000. This is taxpayer money,” the official said. “We have no idea how we’re going to handle this. We may have to drop [The Journal].”

Seriously? Now you decide to be fiscally responsible with $500,000... who cares about the fact that the President and Congress have thrown us into a pit of debt and deficits way beyond what even Bush could've ever dreamed of. But $500k is the breaking point? :24:

http://www.politico.com/news/stories/0710/40337.html
 
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