Sen. Ted Cruz, R-Texas, has a brilliant idea on how to fully pay for the border wall between the U.S. and Mexico.
According to Breitbart, Cruz introduced the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act on Tuesday, which calls for the use of $14 billion seized from cartel drug lord Joaquin “El Chapo” Guzman to be used to pay for the wall.
“Fourteen billion dollars will go a long way toward building a wall that will keep Americans safe and hinder the illegal flow of drugs, weapons, and individuals across our southern border,” Cruz stated.
“Ensuring the safety and security of Texans is one of my top priorities,” he added.
Cruz said using criminally forfeited assets from El Chapo and other Mexican cartel members and drug dealers can “offset the wall’s cost and make meaningful progress toward achieving President Trump’s stated border security objectives.”
“The U.S. Government is currently seeking the criminal forfeiture of more than $14 billion in drug proceeds and illicit profits from El Chapo, the former leader of the Sinaloa drug cartel who was recently extradited to the U.S. to face criminal prosecution for numerous alleged drug-related crimes, including conspiracy to commit murder and money laundering,” Cruz added.
The EL CHAPO Act is the second piece of legislation that Cruz has introduced this month to allocate billions in funding for the border wall.
Earlier this month, he introduced the WALL Act, which would give $25 billion toward the border wall.
“The WALL Act would fully fund the border wall by closing existing loopholes that provide illegal immigrants with federal benefits and tax credits, without affecting the benefits and tax credits used by Americans,” Cruz said in a statement earlier this month.
“If you want to receive food stamps and other benefits, then you should prove your citizenship. If you cross the border illegally or overstay your visit to this country, then you should pay a stiff penalty,” Sen. John Kennedy, R-Louisiana, added.
Cruz and Kennedy argued that cracking down on government benefits for illegal aliens, requiring parents to have a Social Security number to claim refundable tax credits, requiring all welfare applicants to prove they are a legal U.S. citizen, and increasing minimum fines on individuals who cross the border illegally or overstay visas would create tens of billions of dollars in revenue.
The government is set to partially shut down on Friday if Congress does not pass some sort of a spending bill.
Trump wants $5 billion for border wall funding and Democrats are only offering $1.6 billion, which they claim is a “very generous” offer and the most they can do.
It’s unclear what might happen next, but Cruz has now introduced two bills that Congress could pass that would fully fund the president’s border wall.