Trump admits IRS planning to settle his $10 billion lawsuit without trial

Good cause exists to grant an extension in this matter while the Parties engage in discussions designed to resolve this matter and to avoid protracted litigation. This limited pause will neither prejudice the Parties nor delay ultimate resolution. Rather, the extension will promote judicial economy and allow the Parties to explore avenues that could narrow or resolve the issues efficiently.The Parties are engaging in discussions and need time to work through how to ensure those discussions can take place productively to avoid protracted litigation. This brief period will allow the Parties to initiate and structure those discussions in a manner that best serves the interests of all Parties and the Court, the document added. Democrats have accused Trump of trying to steal money from the Treasury.While the Internal Revenue Code permits a taxpayer to seek redress for unauthorized disclosures, Congress designed this provision to provide compensation for proven harm — not to confer 10 billion dollar windfalls to a President seeking to line his own pockets at taxpayer expense, Sens. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) said in February. For his part, Trump has admitted he is negotiating with himself rather than fighting the lawsuit.I'm supposed to work out a settlement with myself, the president said in January. We could make it a substantial amount, nobody would care, because it's gonna go to numerous, very good charities.