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Andrew Duehren

👤 Speaker
134 total appearances

Appearances Over Time

Podcast Appearances

The Daily
Trump’s Taxpayer-Funded Plan

And my initial reporting is that this resignation was in part because of the creation of this fund.

The Daily
Trump’s Taxpayer-Funded Plan

So the Justice Department has said that the president himself and his two sons and the Trump organization, which, again, are the people who and the entities that brought the suit in the first place, will not be paid out of the fund themselves.

The Daily
Trump’s Taxpayer-Funded Plan

That said, we learned on Tuesday that another provision in this agreement between the

The Daily
Trump’s Taxpayer-Funded Plan

Trump and the Justice Department is that the IRS will drop any audits it has of Trump, his family members and any related business entities, which is itself very unusual and extraordinary concession to make to the president and is also one that could directly benefit him financially.

The Daily
Trump’s Taxpayer-Funded Plan

I mean, there it's unclear what sort of audits the president himself may be facing right now, but it's potentially a protection against

The Daily
Trump’s Taxpayer-Funded Plan

that could deliver him tens of millions of dollars in direct financial benefit.

The Daily
Trump’s Taxpayer-Funded Plan

If the IRS was planning to charge him more in taxes and now they are not going to be able to under this agreement, that is something that could go directly into his pockets.

The Daily
Trump’s Taxpayer-Funded Plan

I mean, essentially, again, The Times has reported and it's been publicly reported that the president has faced audits in the past in which if the IRS won, essentially, the president would owe more than $100 million in additional taxes.

The Daily
Trump’s Taxpayer-Funded Plan

And so we don't know what the situation is now, what audits he and his family members may be facing.

The Daily
Trump’s Taxpayer-Funded Plan

But this has robbed the IRS of the opportunity to demand that the Trumps pay the taxes that the IRS says that they may owe under the law.

The Daily
Trump’s Taxpayer-Funded Plan

We'll find out.

The Daily
Trump’s Taxpayer-Funded Plan

So I think on one level, there was an attempt by some House Democrats to intervene in the original lawsuit that President Trump filed and can further try and convince the judge to put a stop to it.

The Daily
Trump’s Taxpayer-Funded Plan

Obviously, that ship has now sailed.

The Daily
Trump’s Taxpayer-Funded Plan

So I think the question now is whether Congress takes any steps to change how money can be spent on legal settlements generally or specifically trying to address this situation.

The Daily
Trump’s Taxpayer-Funded Plan

So under the Constitution, Congress has the power of the purse.

The Daily
Trump’s Taxpayer-Funded Plan

That's a power that's certainly been recognized.

The Daily
Trump’s Taxpayer-Funded Plan

eroded under this presidency and that the Trump administration has tried to kind of pull back into the executive branch.

The Daily
Trump’s Taxpayer-Funded Plan

But it is something that at least theoretically, Congress could take some steps and pass some laws to address.

The Daily
Trump’s Taxpayer-Funded Plan

But it's unclear if that will actually happen.

The Daily
Trump’s Taxpayer-Funded Plan

I think we should think about this in the broader context of what President Trump has hoped to accomplish in his return to office.