Still, several Republicans said they needed to hear a clear promise to abandon the fund before they would move forward with the bill. Senate Republican leaders are now pushing for a vote on the bill as soon as Wednesday, sources told CNN.
Protections from I.R.S. audits remains
The settlement also “forever barred” the I.R.S. from auditing past tax returns of Trump, his family members, or their companies. “Nothing has changed” in terms of those protections, Blanche said on Tuesday.
The tax term was scrutinized by Democrats at Tuesday’s hearing.
“What you’re doing on this is that you’ve taken one piece and you said, ‘Okay we have had a ton of backlash on this $1.8 billion slush fund, however, so we’ll not move on that,’ but as part of the settlement, which is this immunity for the President and his family and his business, etc. that stands,” Rep. Rosa DeLauro (D, Md.) said. “Simply put, you just gave the President and his family a tax immunity to the tune of about $100 million.”
