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.
Any news about the TRUMP-EPSTEIN™ files yet?
Go to jail.
I don’t even care anymore. He just needs to die as soon as possible.
1.7 billion happens to be the exact amount that he claimed was an unbelievable, staggering amount of money that blew Iranians’ minds when Obama unfroze it for them.
The silver lining here is that even Donald Trump has his limits. He seems to acknowledge that ordering the Treasury to pay him $10B directly might go too far. Or “sort of looks bad”, as he put it.
Of course, forming a commission to hand out 1.7B to his friends is just as bad. The Courts will probably strike that down, too, and he will whine about it.
If they strike it down, it will be years after the money is already gone.
Not necessarily, I think the courts were already making noise about the original thing:
The settlement is also expected to stave off a concern raised by the judge overseeing his $10 billion lawsuit against the IRS, who has ordered Trump and the DOJ to justify by next week why the case should be able to proceed. In a ruling last month, U.S. District Judge Kathleen Williams questioned whether Trump and the defendants – the Treasury Department and IRS – are “sufficiently adverse” for the case to proceed.
“Moreover, although President Trump avers that he is bringing this lawsuit in his personal capacity, he is the sitting president and his named adversaries are entities whose decisions are subject to his direction. Indeed, President Trump’s own remarks about this matter acknowledge the unique dynamic of this litigation,” she wrote.
I think the judge might have been about to start the process to throw it all out, which is why Trump (and his Justice Dept cronies) came up with this “settlement” idea
