Trump’s Taxpayer-Funded Plan
5/20/202625 min
The Trump administration announced the creation of a $1.8 billion fund to compensate those who claim they were targeted by the Biden Justice Department and Democrats.
Andrew Duehren, who covers tax policy, explains how the fund came about and who might get the money.
Guest: Andrew Duehren, who writes about tax policy for The New York Times from Washington.
Background reading:
- The Justice Department announced the $1.8 billion fund on Monday.
- Mr. Trump’s “anti-weaponization” fund, explained.
Photo: Eric Lee for The New York Times
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Transcript preview
First 90 secondsSpeaker 00:00
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Rachel Abrams· Host0:31
[upbeat music] From The New York Times, I'm Rachel Abrams, and this is The Daily. In a move that shocked lawmakers on both sides of the aisle- President Trump is dropping his $10 billion lawsuit against the IRS. But Democrats and others are crying foul over what his administration plans to do instead. The Justice Department announced an almost $2 billion fund of taxpayer money to compensate people that the administration claims have been victims of, quote, "weaponization and lawfare." Among those who could apply for payouts, the nearly 1,600 rioters charged in connection with the January 6th Capitol insurrection.
Donald Trump· Soundbite1:10
This is, uh, reimbursing people that were horribly treated, horribly treated. It's anti-weaponization they've announced.
Rachel Abrams· Host1:16
Today, my colleague Andy Duran on the story of how this came about, who might get the money, and the bipartisan outrage that has ensued.
Speaker 3· Soundbite1:25
He's setting up a $1.7 billion political slush fund