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Audit Immunity

All articles tagged with #audit immunity

politics2 hours ago•12 min saved

Blanche nomination could stall as Republicans push for changes to Trump tax deal

Sen. John Cornyn said the Senate Judiciary Committee’s planned vote on Todd Blanche’s attorney general nomination could be postponed while Republicans seek written modifications to the Trump-IRS settlement that created an $1.8 billion anti-weaponization fund and shielded Trump from audits; with Democratic opposition, even a single Republican ‘no’ could derail confirmation. The day also includes updates on a bipartisan Senate tax-administration bill in the Finance Committee and ongoing negotiations over audit-immunity provisions, along with other political developments in the live-feed.

via Politico|

#audit-immunity #blanche-nomination #judiciary-committee

politics1 month ago•2 min saved

DOJ abandons $1.8B 'weaponization' fund, keeps audit-immunity deal

The acting U.S. attorney general said the DOJ will not move forward with the proposed $1.8 billion fund to compensate Trump allies, which many viewed as a response to concerns about government weaponization. The administration will, however, continue the agreement that protects Trump and related entities from audits on tax matters as part of a settlement tied to an IRS tax-return leakage case. The fund faced bipartisan opposition and court scrutiny, and while scrapped, victims may still pursue compensation through administrative claims against the government, with some defendants (including January 6 cases) potentially receiving settlements.

via The Guardian|

#audit-immunity #doj #emoluments-clause