Democratic lawmakers in Washington on Friday accused Donald Trump of engineering a $1.7 billion 'slush fund' in a potential settlement of his IRS lawsuit, after reports suggested the president may drop his $10 billion case in exchange for a taxpayer-funded compensation pot for his political allies.
The news came after ABC News and the New York Times, both citing unnamed sources, reported that the Justice Department was weighing a deal to resolve Trump's lawsuit against the Internal Revenue Service and the Treasury Department over the 2019 leak of his tax returns. Trump, his two eldest sons and the Trump Organization filed that suit in the Southern District of Florida, an extraordinary step even by the standards of his litigious political career, because it pitted a sitting president against federal agencies ultimately under his own authority.
