The Daily Parker

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It pays for itself

President Trump has complained about how much Robert Mueller's investigation has cost the government. After the plea deal reached Friday with Paul Manafort, that should no longer be a problem:

If we assume the same cost-per-day for the investigation that was reported through March of this year, the probe has so far cost the government about $26 million.

[P]art of the plea agreement reached between Mueller and former Trump campaign chairman Paul Manafort includes forfeiture of certain property to the government. While it’s not clear how much value will be extracted from that forfeiture, there’s reason to think that it could more than pay for what Mueller has incurred so far.

The combined value of [Manafort's] properties, according to estimates at Zillow.com and assigning the 2006 sale price to his Trump Tower property, is about $22.2 million. If those were sold at the values identified above and the money returned to the government, that alone nearly covers our estimated costs of the investigation to date.

The government’s seizures from Manafort could be worth about $42 million, including the upper estimates of just the properties, Federal Savings Bank loan and insurance policies. And that doesn’t include the other accounts, which might contain some portion of the $30 million that Wheeler points to as having been identified by the government as ill-gotten gains. That’s enough to pay for the Mueller probe for some time to come.

Somehow, though, I don't thing Trump is as much concerned about the money as he is about what Manafort has told Mueller's team. That, I suspect, is his real concern.

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