Trump has created a slush fund of taxpayer money to give to his friends | Moira Donegan
Summary
President Donald Trump reached an agreement related to a $10 billion lawsuit he filed personally against the IRS over leaked tax documents. As part of this deal, a fund of about $1.8 billion will be created and controlled by officials appointed by Trump, with the ability to give money to his allies and drop IRS audits on him and his family.Key Facts
- President Trump sued the IRS over leaks of his tax return documents.
- The Justice Department will set up a nearly $1.8 billion fund to resolve the lawsuit.
- This fund, called the “Anti-Weaponization Fund,” will be controlled by commissioners appointed by Trump’s attorney general and Trump himself.
- The fund can issue apologies and distribute money to conservative political actors, including possible January 6 participants.
- The fund’s operations and spending reports will be confidential and not publicly disclosed.
- IRS audits of Trump and his family will be dropped as part of the agreement.
- The federal judge questioned if there was a real conflict since Trump controls both the IRS and Justice Department.
- Any money left in the fund after Trump leaves office will return to the federal government.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.