Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: Sources

ABC News ^ | 5/14/26

[CFW]

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.

The commission overseeing the compensation fund would have the total authority to hand out approximately $1.7 billion in taxpayer funds to settle claims brought by anyone who alleges they were harmed by the Biden administration's "weaponization" of the legal system, including the nearly 1,600 individuals charged in connection with the Jan. 6 Capitol attack as well as potentially entities associated with President Trump himself.

While the settlement is expected to be agreed upon in the coming days, sources caution that the final terms will not be set until they are officially announced.

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TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: deepstate; harassment; irs; lawsuit; leaks; persecution; settlement; tds; trump

[CFW]

Interesting if true. It's ABC so who knows? They had 3 writers on the article (I didn't list them) so it may be that there is some truth to it and part of it is their imagination.

However, there is many people who should be made whole after what the Biden administration did to them.

[monkeyshine]

This is actually a weapon Democrats and their allies have used for years. They get a “victim”, they sue, and then the government settles the case by rewriting the policy usually at the DOJ or get some kind of consent decree singed off by a federal judge to prevent enforcement of a law. And of course everyone gets paid in the process.

I say this regardless of the merits of this particular case. We all know the IRS has been weaponized in the past (Lois Lerner) as had the FBI/DOJ and other agencies.

[algore]

I doubt it.

Trump is in China.

It sounds like something that Trump would want to announce himself

I have never been on X or other social places, but I have seen enough stuff copied here that I can visualize the presidential post.

[CFW]

I doubt it.

Trump is in China.

It sounds like something that Trump would want to announce himself

I have never been on X or other social places, but I have seen enough stuff copied here that I can visualize the presidential post.

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That’s sorta what I was thinking. As I said there may be some bits of truth to it. We will wait until Trump makes a post and then we will know for sure.