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ABC: Trump Set to Unveil $1.7 Billion IRS “Compensation Fund” to Benefit MAGA Allies

HeadlineMay 15, 2026

ABC News is reporting President Trump is set to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a taxpayer-funded $1.7 billion fund to compensate allies of Trump who claim they were improperly targeted by the Biden administration. Under the plan, recipients of the money could include individuals charged in the January 6 insurrection and entities associated with President Trump himself. Meanwhile, Democratic Congressmember Jamie Raskin is introducing a package of anti-corruption bills aimed at putting new checks on the White House.

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