Larson and Ways and Means Democrats Introduce SLUSH FUND Act to Tax Presidential Settlements at 100%
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Democrats have introduced the SLUSH FUND Act, which would tax presidential settlements at 100%. The move appears to be in response to a potential payout, with some reports suggesting it is related to a "weaponization fund" or a multi-billion dollar payout to Donald Trump. The outcome and details of the proposed legislation and the settlement it aims to address are unclear.
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