{"id":73610,"date":"2026-05-16T11:56:21","date_gmt":"2026-05-16T16:56:21","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/05\/16\/trump-may-settle-his-lawsuit-against-irs-for-1-7bn-fund-to-compensate-allies\/"},"modified":"2026-05-16T11:56:21","modified_gmt":"2026-05-16T16:56:21","slug":"trump-may-settle-his-lawsuit-against-irs-for-1-7bn-fund-to-compensate-allies","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/05\/16\/trump-may-settle-his-lawsuit-against-irs-for-1-7bn-fund-to-compensate-allies\/","title":{"rendered":"Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies"},"content":{"rendered":"<p>In unprecedented self-dealing maneuver, billions of taxpayer dollars could be paid to US president and his allies<\/p>\n<p>There is growing concern<strong> <\/strong><a href=\"https:\/\/www.theguardian.com\/us-news\/donaldtrump\">Donald Trump<\/a>\u2019s massive $10bn lawsuit against the Internal Revenue Service may soon be settled by his own administration \u2013 an unprecedented, self-dealing maneuver for a US president, in which billions of taxpayer dollars could be transferred to the president or his allies.<\/p>\n<p>Trump may agree to drop his lawsuit in exchange for the launch of a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration, according to reports by <a href=\"https:\/\/abcnews.com\/US\/trump-poised-drop-irs-suit-launch-17b-weaponization\/story?id=132962661\">ABC News<\/a> and the <a href=\"https:\/\/www.nytimes.com\/live\/2026\/05\/15\/us\/trump-news?smid=nytcore-ios-share\">New York Times<\/a>.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/trump-irs-lawsuit-compensation-fund\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In unprecedented self-dealing maneuver, billions of taxpayer dollars could be paid to US president and his allies There is growing concern Donald Trump\u2019s massive $10bn lawsuit against the Internal Revenue Service may soon be settled by his own administration \u2013 an unprecedented, self-dealing maneuver for a US president, in which billions of taxpayer dollars could &#8230; <a title=\"Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/05\/16\/trump-may-settle-his-lawsuit-against-irs-for-1-7bn-fund-to-compensate-allies\/\" aria-label=\"Read more about Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73610","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/73610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=73610"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/73610\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=73610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=73610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=73610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}