#treasury-general-account

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US politics
fromThe Atlantic
3 weeks ago

Trump Is Suing His Own Government

President Trump sued the IRS seeking $10 billion in damages over alleged tax-return leaks, proposing payment from the taxpayer-funded Treasury General Account.
fromTruthout
1 month ago

Payout for Trump's $10B Lawsuit Over Tax Return Leak Would Be Footed by Taxpayers, Bessent Says

Bessent stuttered, then said, when pushed: "It would come from Treasury.... The Treasury General Account," referring to the account that tax payments flow into that the government uses for payments and other purposes. "So, taxpayers," Gallego said. "Yes," Bessent answered. "Part of the 440,000 taxpayers whose returns were leaked. "They're not suing," the senator clarified, adding, "If the president prevails in this lawsuit, he's going to be able to pocket that money."
US politics
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