"President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration, sources familiar with the matter told ABC News. The commission overseeing the compensation fund would have the total authority to hand out approximately $1.7 billion in taxpayer funds to settle claims brought by anyone who alleges they were harmed by the Biden administration's "weaponization" of the legal system, including the nearly 1,600 individuals charged in connection with the January 6 Capitol attack as well as potentially entities associated with President Trump himself."
"This is a meritless lawsuit, the same way all the others have been, except this has the bizarre twist that the president is going to scarf up a lucrative settlement from the government he purports to lead. And, even if he doesn't claim all the money, he has an unaccountable slush fund from which he can dole out bribe money with both hands. I'm sure this will work out splendidly."
"In addition to a public apology from the IRS, the compensation fund is believed to be the main condition for Trump to drop a series of legal actions he filed against the federal government, including the $10 billion lawsuit related to the 2019 leak of his tax returns as well as $230 million in legal claims related to the 2022 search of his Mar-a-Lago estate and the Russia collusion investigation he faced during his first term in office, sources familiar with the ongoing deliberations said. The settlement terms are expected to prohibit Trump from directly receiving payments related to those three legal claims; however, entities"
A proposed deal would replace a $10 billion lawsuit against the Internal Revenue Service with a $1.7 billion taxpayer-funded compensation fund. The fund would compensate allies who claim they were wrongfully targeted by the Biden administration’s alleged “weaponization” of the legal system. The overseeing commission would have broad authority to distribute about $1.7 billion to settle claims from individuals and potentially entities connected to the president. The arrangement is expected to include a public apology from the IRS. Dropping the fund is also described as a condition for ending multiple legal actions filed by Trump, including claims tied to tax return leaks, the Mar-a-Lago search, and the Russia collusion investigation. Settlement terms are expected to bar direct payments to Trump from those claims, while leaving room for other entities to receive funds.
Read at Esquire
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