S. 4703Senate119th Congress (2025-2027)In Committee

Redirecting Trump Slush Funds to Lower Health Care Costs Act

Introduced June 8, 2026

AI-Generated Summary

Updated June 24, 2026 at 2:40 PM UTC

The Redirecting Trump Slush Funds to Lower Health Care Costs Act stops federal money from being used for legal settlements that benefit the President or for any related commission or fund. It then redirects $1.776 billion of Treasury funds to the Health and Human Services Department to boost Medicaid and undo recent cuts, aiming to lower health‑care costs for beneficiaries.

Key Provisions

  • Bars any federal agency from using federal money—including the Judgment Fund—to pay legal settlements that benefit the President personally or politically.
  • Prohibits using federal funds to create or maintain any commission, fund, or mechanism (such as the “Anti‑Weaponization Fund”) that would provide those settlements.
  • Directs $1.776 billion of unappropriated Treasury money to the Secretary of Health and Human Services to fund Medicaid and reverse eligibility and funding cuts made by Public Law 119‑21.

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on the Judiciary.

June 8, 2026

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SenateIntro Referral

Introduced in Senate

June 8, 2026

SenateIntro Referral

Read twice and referred to the Committee on the Judiciary.

June 8, 2026

Floor Debate

2 members

What members said about S. 4703 on the floor

1 Republican1 Democrat
Jacky Rosen
Sen. Jacky RosenD-NV · Jun 17, 2026

Mr. President, at a time when hard-working families across this country are being squeezed by skyrocketing costs, you would think that the President of the United States and Washington Republicans…

Rick Scott
Sen. Rick ScottR-FL · Jun 17, 2026

Mr. President, reserving the right to object. The only reason we are standing here and having this debate in the first place is because Democrats in administration after administration repeatedly…

Bill Text

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Introduced in SenateIssued June 8, 2026

II

119th CONGRESS

2d Session

S. 4703

IN THE SENATE OF THE UNITED STATES

June 8, 2026

Ms. Rosen introduced the following bill; which was read twice and referred to the Committee on the Judiciary

A BILL

To prohibit Federal funds from being used for certain legal financial settlements, and for other purposes.

1.

Short title

This Act may be cited as the Redirecting Trump Slush Funds to Lower Health Care Costs Act.

2.

Prohibition on Federal funds being used for certain legal financial settlements

(a)

In general

No Federal funds, including amounts appropriated under section 1304 of title 31, United States Code (commonly known as the Judgment Fund), may be used by any Federal agency—

(1)

for any legal financial settlement to the President or for the personal or political benefit of the President; or

(2)

to establish or maintain any commission, fund (including the Anti-Weaponization Fund announced by the Attorney General on May 18, 2026), or mechanism utilized to provide the compensation described in paragraph (1).

(b)

Appropriation

Out of any money in the Treasury not otherwise appropriated, there is appropriated to the Secretary of Health and Human Services $1,776,000,000, to address health care costs through funding for the Medicaid program under title XIX of the Social Security Act (42 U.S.C. 1396 et seq.), including funding to eliminate the funding and eligibility cuts enacted in Public Law 119–21 (commonly known as the One Big Beautiful Bill Act).