Leader Schumer Floor Remarks On Democrats Fighting To Permanently Ban Trump’s $2 Billion Slush Fund Following The DOJ’s Worthless Promises To Abide By Court’s Ruling

Washington, DC - Today, Senate Democratic Leader Chuck Schumer (D-NY) spoke on the Senate floor to announce an amendment to the Republican reconciliation bill that will permanently ban Trump's corrupt $2 billion slush fund. As the Trump administration has yet to make any commitment to kill the slush fund or revoke the Trump family's broad immunity from tax audits, Senate Democrats will continue to call out this administration's blatant corruption, while Senate Republicans continue to do nothing to hold them accountable. Below are Senator Schumer's remarks, which can also be viewed here:

The only way to ensure Trump's $2 billion, taxpayer-funded giveaway to Trump's MAGA allies never sees the light of day is to abolish it by law. The only way to make sure that Trump's slush fund never sees the light of day is to abolish it by law - not to trust the word of the corrupt president who stands to benefit the most from it. The same goes for the license Trump gave himself and his family to commit tax fraud with impunity.

Any promise from Trump is worthless, and when it comes to ending his blatantly corrupt slush fund or his blank check to commit tax fraud, Trump barely promised anything in the first place.

That is why the first amendment I will offer on the Republican reconciliation bill will be to ban Trump's slush fund permanently and to revoke his family's free rein to commit tax fraud forever.

Trump doesn't get to make off with the at least 100 [million] dollars his family owes on taxes, and he doesn't get to use your tax dollars to pay off the MAGA right - not on our watch. Again, the only way to ensure his $2 billion tax-funded giveaway never sees the light of day is to abolish it by law, not to trust the word of the corrupt president who stands to benefit the most from it.

We need to set the record straight about what exactly the Trump administration did and did not commit to yesterday. Trump's Department of Justice put out a statement saying that it would abide by the recent court order that temporarily blocked Trump from using Americans' tax dollars to pay off his MAGA loyalists, billionaire friends, and violent insurrectionists who maimed our Capitol Police on January 6.

Let's be clear: the Trump administration hasn't made any commitment to kill the slush fund permanently, nor has it pledged to revoke the broad immunity from tax audits that Trump granted himself and his family.

Can you believe it America? Trump and his family still get to cheat their way out paying their taxes and then use your tax dollars to line their pockets and give handouts to his billionaire cronies, criminals, and cop-killing insurrectionists. Trump's slush fund is corruption at its absolute worst. America has seen a lot of corruption from this administration, but this corruption, I don't think we've seen anything like it in our entire history. Trump shook hands with himself, suing his own government and then settling the case so he could steal your tax dollars, America - all at a time when families are struggling to make ends amid skyrocketing costs.

What do Senate Republicans have to say? What do they have to say about this? What are our Republican colleagues saying about this awful, this god-awful slush fund?

Well, after the DOJ's meek statement yesterday, one of my colleagues across the aisle said that Trump's slush fund is "a moot point." A moot point? Trump's far-right radical rewards program is anything but moot. Trump and the GOP didn't suddenly find their conscience - they hit a temporary roadblock.

If Senate Republicans are truly concerned about Trump's corruption, then prove it - ban the slush fund by law permanently!

If Republicans revisit their reconciliation bill this week, as I said, the very first amendment, I will offer will be to ban Trump's slush fund permanently and revoke his family's free rein to commit tax fraud. This corruption is so grievous that toothless Republican guardrails won't cut it. Democrats won't settle for half-measures.

We are going to kill this slush fund permanently, and we are going to bury it and bury it deep.

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