Democrats slam possible $1.7B Trump-IRS settlement as 'slush fund'

1 min read
Source: CNBC
Democrats slam possible $1.7B Trump-IRS settlement as 'slush fund'
Photo: CNBC
TL;DR

Democrats condemned reports that Trump could settle his $10 billion IRS lawsuit by creating a $1.7 billion compensation fund under his control, calling it a 'slush fund' and a potential abuse of taxpayer dollars; the talks, reported by ABC News and the New York Times, suggest terms like a victim fund or truth-and-reconciliation-style mechanism and hinge on a May 20 court deadline as judges consider whether the case can proceed.

Share this article

Want the full story? Read the original reporting

Read on CNBC