MS NOW95%
Acting AG Blanche backs away from ‘slush fund,’ but preserves Trump’s IRS audit shield 72%
By Steve Benen95%
6/3/2026, 5:56:17 AM
BS Summary: This article contains 23 faulty reasoning types, including Biased Writer Voice, Framing Effect, and Confirmation Bias, with Negativity Bias as the most egregious example at 61.2% saturation with 317 hits. Analysis detected 1,704 faulty-reasoning hits from 518 analyzed words, generating a BS Score of 63.9% and a BS Rank of 72% (6,330 of 21,887 articles). This article is worse (more manipulative) than 71.10% of the article peer group.
When Donald Trump withdrew his outlandish $10 billion lawsuit against the IRS two weeks ago, the president soon after received two scandalous rewards.
The first was the creation of a $1.766 billion compensation fund, which was quickly condemned by members of both parties as a “slush fund” that could benefit the White House’s political allies.
In recent days, the administration, facing fierce bipartisan pushback, backed off its plans for the fund, and on Tuesday afternoon, acting Attorney General Todd Blanche confirmed to a House Appropriations Committee panel, “We’re not moving forward with the fund.
Period.”
The comments were meant to be definitive, but he did not end the larger discussion.
For one thing, when Democratic Rep.
Grace Meng of New York pressed Blanche on whether he could commit in writing to the demise of the fund, he balked, arguing unpersuasively that such a move would be unnecessary.
For another, there are a variety of pending legislative measures designed to ensure that the fund is dead and that nothing like this ever happens again, and those proposals are still likely to receive votes on Capitol Hill in the very near future.
But then there’s the other reward the president received after withdrawing his IRS civil suit.
MS NOW reported:
Though he said the “anti-weaponization” fund is not moving forward, Blanche affirmed that the rest of the Trump-IRS settlement remains intact, including the addendum, which grants Trump, his family and his businesses immunity from all existing IRS tax audits.
In recent weeks, the “slush fund” controversy eclipsed the IRS audit shield, which was understandable given the severity of the corruption surrounding the fund, its creation and its future.
But this surviving part of the deal is still extraordinarily important.
Indeed, from Trump’s perspective, it’s arguably more important.
While the fund was likely to be used to send taxpayer-funded checks to the White House’s allies, this second, separate reward is designed to personally benefit the president, his family and his controversial private business.
In other words, Team Trump abandoned a scheme that would have helped the president’s allies, but left intact a parallel scheme that helps the president directly.
Blanche emphasized during his congressional testimony, “It’s not a forward-looking document.
It’s nothing that gives any sort of immunity in the future to the president or his family or his organizations.”
That was true, though it downplayed the significance of the acting attorney general’s gift to his former client: The IRS has effectively wiped the slate clean for Trump, his family and his business, dropping all pending audits of previous tax returns, in a move that appears entirely unprecedented.
As The New York Times reported, “These protections could be immensely valuable to Mr.
Trump and his family, who have faced repeated audits from the Internal Revenue Service.
Just one investigation by the I.R.S. stemmed in part from how Mr.
Trump claimed losses on his Chicago tower could have cost him more than $100 million.”
The “slush fund” appears to be dead; the broader scandal, however, remains very much alive.
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4speakers31%attributed speech358writer words
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100%flagged-word coverageGrace Meng
31 attributed words19% of attributed speech98% writer coverage
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