Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Matias Civita

Trump Expected To Drop $10 Billion IRS Lawsuit For $1.7 Billion Fund For Allies

The agreement reportedly would create a commission with authority to distribute taxpayer funds to people claiming harm from the "weaponization" of the legal system under Biden.

President Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for a proposed $1.7 billion compensation fund for allies who say the Biden administration wrongfully targeted them.

According to ABC News, the agreement, which has not been formally announced, would create a commission with authority to distribute taxpayer funds to people claiming harm from what Trump and his supporters describe as the "weaponization" of the legal system under Biden. They reported that potential claimants could include some of the nearly 1,600 people charged in connection with the Jan. 6 Capitol attack.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.