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There Have Been a Lot of Dumb Proposals For Funding Trump’s Border Wall

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13.02.2019

On Tuesday, Sen. Ted Cruz tweeted out his support for the idea that the money seized from Joaquín Guzmán, the drug kingpin known as El Chapo, should pay for the southern border wall.

America’s justice system prevailed today in convicting Joaquín Guzmán Loera, aka El Chapo, on all 10 counts. U.S. prosecutors are seeking $14 billion in drug profits & other assets from El Chapo which should go towards funding our wall to #SecureTheBorder. https://t.co/hPwEUVM6SP

The EL CHAPO Act, which was introduced in 2017 and which Cruz reintroduced in January, proposes the U.S. reserve assets seized from the prosecution of Guzmán and other “murderous drug lords” to offset the cost of building Trump’s border wall.

It’s an idea that almost certainly wouldn’t work. While U.S. prosecutors are seeking to seize billions of dollars of assets connected to Guzmán’s Sinaloa drug cartel, most of those assets likely belong to Mexico, as was pointed out in a recent Forbes article responding to Cruz’s introduction of the bill. And despite Trump’s many comments to the........

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