Trump expected to drop $10 billion lawsuit, then launch $1.7B 'weaponization' fund for allies "targeted under Biden"

[Miles Archer]

Trump poised to drop IRS suit, launch $1.7B 'weaponization' fund for allies: Sources
The fund would compensate allies who claim they were targeted under Biden.

https://abcnews.com/US/trump-poised-drop-irs-suit-launch-17b-weaponization/story?id=132962661

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.

In addition to a public apology from the IRS, the compensation fund is believed to be the main condition for Trump to drop a series of legal actions he filed against the federal government, including the $10 billion lawsuit related to the 2019 leak of his tax returns as well as $230 million in legal claims related to the 2022 search of his Mar-a-Lago estate and the Russia collusion investigation he faced during his first term in office, sources familiar with the ongoing deliberations said.