NewsMother JonesMay 18, 2026United States
Trump Settles IRS Lawsuit for $1.8 Billion Fund
President Donald Trump has dropped a $10 billion lawsuit against the IRS in exchange for a $1.8 billion settlement fund. This fund is intended to compensate individuals who claim they were unfairly prosecuted by the government.
Read the full story at Mother JonesWhy It Matters
This settlement involves a significant amount of taxpayer-funded money being allocated to address claims of government misconduct.
Key Facts
- President Trump dropped a $10 billion lawsuit against the IRS.
- A $1.8 billion fund was established to pay claims related to unfair prosecution.
- The agreement was finalized on a Monday.