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Slush Fund

All articles tagged with #slush fund

Trump’s Daylight Cash Grab: IRS Settlement Could Seed a $1.7B Slush Fund
politics2 hours ago

Trump’s Daylight Cash Grab: IRS Settlement Could Seed a $1.7B Slush Fund

Morning Shots argues that Trump’s imminent settlement with the IRS over leaked tax returns could hinge on funding a $1.7 billion pot to compensate allies who claim they were targeted by the Biden administration, a fund run by a commission that answers to Trump and with minimal disclosure. While Trump wouldn’t directly receive money, entities tied to him could file claims, making it a perceived graft that threatens public funds and oversight. The piece urges Congress to act, up to impeachment if warranted, and places the development in the broader context of Trump’s leadership and the post-summit foreign-policy dynamic.

Blakeman plans to tap $3.8B state reserve for immediate NY tax relief
politics5 days ago

Blakeman plans to tap $3.8B state reserve for immediate NY tax relief

Republican Bruce Blakeman, Nassau County executive and GOP gubernatorial frontrunner, says he would use New York’s $3.8 billion reserve for economic uncertainties, or the $9.2 billion rainy-day fund if needed, to deliver immediate tax relief—including a 10% tax cut for earners under $250,000 and eliminating state tax on the first $50,000 for single filers and $100,000 for joint filers—while Gov. Hochul’s camp dismisses the plan; Blakeman promises to shut down Hochul’s reserve and return money within 100 days.