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Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move

Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move

Summary

President Donald Trump may settle his $10 billion lawsuit against the Internal Revenue Service by creating a $1.7 billion fund to pay people he says were unfairly targeted by the Biden administration. The fund would use taxpayer money to compensate his allies, including some January 6 rioters.

Key Facts

  • President Trump is considering dropping his $10 billion lawsuit against the IRS.
  • In return, a $1.7 billion fund would be set up to compensate people Trump claims were wrongly targeted.
  • More than 1,500 January 6 rioters could receive money from this fund.
  • The Treasury Department’s Judgment Fund, which pays court settlements, would supply the money.
  • Trump wants the IRS to apologize publicly for revealing his financial records and to skip audits on him and his businesses.
  • At least five people pardoned by Trump for the January 6 attack face new criminal charges.
  • Trump’s political influence is affecting primary elections, including in Louisiana and Kentucky.
  • Other news includes a judge blocking a ban on gender-transition treatments for minors and protests for Black voting rights in Alabama.
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