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The Daily

Trump’s Taxpayer-Funded Revenge Plan

The Daily

The New York Times

Daily News, News

4.3107.6K Ratings

🗓️ 20 May 2026

⏱️ 25 minutes

🧾️ Download transcript

Summary

The announcement of the fund has drawn surprise and outrage from both sides of the aisle.

Transcript

Click on a timestamp to play from that location

0:00.0

From the New York Times, I'm Rachel Abrams, and this is The Daily.

0:08.8

In a move that shocked lawmakers on both sides of the aisle.

0:12.2

President Trump is dropping his $10 billion lawsuit against the IRS.

0:16.5

The Democrats and others are crying foul over what his administration plans to do instead.

0:20.9

The Justice Department announced an almost $2 billion fund of taxpayer money to compensate

0:26.9

people that the administration claims have been victims of, quote, weaponization and

0:31.2

lawfare.

0:32.1

Among those who could apply for payouts, the nearly 1,600 rioters charged in connection

0:36.8

with the January 6th Capitol

0:38.0

insurrection.

0:38.8

This is reimbursing people that were horribly treated, horribly treated.

0:42.9

It's anti-weaponization.

0:44.7

Today, my colleague, Andy Duren, on the story of how this came about, who might get the money,

0:51.3

and the bipartisan outrage that has ensued.

0:53.8

He's setting up a $1.7 billion political slush fund for the proud boys and the oathkeepers

1:00.0

and his other political lieutenants and hangers on.

1:03.0

I think that there are a lot of questions that the administration is going to have to answer.

1:10.0

It's Wednesday, May 20th.

1:17.3

So we have talked a lot on the daily about President Trump's campaign of retribution against his enemies in his second term,

1:23.9

how he's wielded the federal government to do that.

1:26.3

And this week, it feels like we entered

1:28.4

into a new chapter of that story with the creation of this enormous fund. We're going to talk

...

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