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 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.
You’re not paying attention if you think this is him backing down. This is probably even better for him as it gives his allies a slush fund to ensure the midterms or at the very least ensure their continued support.
He isn’t due anything for the leak, it did zero reputation harm and he had promised to release the anyways.
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:
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