Trump Cuts $10 Billion IRS Deal for $1.7 Billion "Slush Fund" – and His Wrath Ends Another Senator’s Career

· 2 min read ·

Senator Bill Cassidy of Louisiana is fighting for his political life in this weekend’s Republican primary after former President Donald Trump successfully ousted another critic, while new reports reveal Trump is seeking a controversial $1.7 billion settlement to drop a $10 billion lawsuit against the Internal Revenue Service.

Cassidy, who was one of seven Republicans to vote to convict Trump after the 2021 impeachment trial, faces a direct challenge from Representative Julia Letlow, a first-term congresswoman backed by Trump and his allies [150858][150873]. The primary vote on Saturday will test whether Cassidy’s break with Trump has cost him support among conservative voters in Louisiana [150882]. The move follows Trump’s successful campaign to remove Senator Todd Young of Indiana from office [150858].

Meanwhile, the top Democrat on the House Judiciary Committee has accused Trump of “orchestrating a $1,700,000,000 fraud on the American taxpayer to line the pockets of his MAGA political allies” [150332]. According to ABC News, Trump is expected to drop his $10 billion lawsuit against the IRS in exchange for a fund worth $1.7 billion that would reportedly benefit groups aligned with the “Make America Great Again” (MAGA) movement [150332]. Democrats describe the proposed fund as a “slush fund” for Trump’s political allies [150332]. The White House has not commented on the reported terms, and no final agreement has been announced [150332].

The developments come amid a broader political shift in the United States, with voters signaling a desire for something new as the country appears to grow weary of the Trump era [150890].

Sources