Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fund

Democrats criticize deal as a slush fund that ‘funnels taxpayer dollars’ to Trump’s political allies Sign up for the Breaking News US newsletter email Donald Trump moved to dismiss a $10bn lawsuit against the IRS on Monday and his administration created a $1.776bn “anti-weaponization” fund to compensate allies for supposed persecution by the government. The…

Democrats criticize deal as a slush fund that ‘funnels taxpayer dollars’ to Trump’s political allies

Donald Trump moved to dismiss a $10bn lawsuit against the IRS on Monday and his administration created a $1.776bn “anti-weaponization” fund to compensate allies for supposed persecution by the government.

The fund will be overseen by five commissioners – four of whom would be appointed by the attorney general and removable by Trump – who would oversee the body’s work. A fifth commissioner will be appointed “in consultation” with congressional leadership. The fund also has the power to issue “formal apologies” and will send a quarterly report to the US attorney general outlining who has been paid from the fund.

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