Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Investing

Special Counsel Jack Smith’s federal Trump cases cost taxpayers more than $50 million, financials show

Special Counsel Jack Smith’s investigations into Donald Trump over the last two years – which he opted to dismiss this week – have likely cost U.S. taxpayers more than $50 million, according to Department of Justice expenditure reports.

Financial disclosures from the Special Counsel’s Office show that from mid-November 2022, when Smith was appointed special counsel, until March 31, 2023, his office incurred costs of about $9.25 million. A second disclosure laying out the office’s expenditures for the following six months showed the office’s spending increased to roughly $14.66 million. Meanwhile, a third expenditure report, the latest available, showed that from Oct. 1, 2023, to March 31, 2024, Smith’s office spent roughly $11.84 million.

These costs include both direct and indirect expenses, the latter of which is provided through various Department of Justice agencies.

Expenditure figures for the months between April 1, 2024, and Sept. 30, 2024, have yet to be released, but the average of the three reported periods is roughly $12 million. 

When that estimate is added to the numbers from the three reporting periods that have been publicly reported, the amount spent by Smith’s office since he was appointed rounds to about $47.5 million.

However, this estimate does not include any expenditures from Sept. 30 to date, so the total money spent is likely more than $50 million, Newsweek reported earlier this month. 

Attorney General Merrick Garland appointed Smith in November 2022 to oversee the federal investigation into Trump’s alleged interference in the 2020 election, and his improper handling of sensitive classified documents.

After an exhaustive, nearly two-year investigation, and other cases that saw Trump surrendering to authorities for a mugshot, Smith filed motions on Monday to dismiss the cases against the former president, citing procedural standards that preclude the prosecution of a sitting president.

The judge overseeing the election interference case agreed to drop the charges, while a decision on the classified documents case was still pending as of Monday evening, according to the Associated Press.

Trump responded to the judge’s decision Monday, calling the investigations he has been subjected to ’empty and lawless,’ adding that they ‘should never have been brought.’ 

‘Nothing like this has ever happened in our Country before,’ Trump wrote on Truth Social, before laying into state prosecutors and district attorneys, such as Fulton County DA Fani Willis, Manhattan DA Alvin Bragg and New York state Attorney General Letitia James, who Trump said ‘inappropriately, unethically and probably illegally campaigned on ‘GETTING TRUMP.’’ 

Fox News Digital reached out to the Department of Justice and White House for comment, but did not receive a response prior to publication.

This post appeared first on FOX NEWS

Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Economy

    Amp’s 223.67% Leap: Analyzing the Sudden Spike The cryptocurrency community has recently been set abuzz by the phenomenal rise of Amp (AMP). Just in...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Disclaimer: Deluxeinvestmentgroup.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 deluxeinvestmentgroup.com