Sen. Ted Cruz wants to use Joaquin “El Chapo” Guzman’s forfeited assets to pay for the border wall after the cartel kingpin was convicted of drug trafficking.
The Texas Republican urged Congress to pass his Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act on Twitter on Tuesday.
“U.S. prosecutors are seeking $14 billion in drug profits and other assets from El Chapo which should go towards funding our wall to #SecureTheBorder,” Cruz tweeted. “It’s time to pass my EL CHAPO Act. I urge my Senate colleagues to take swift action on this crucial legislation.”
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
— Senator Ted Cruz (@SenTedCruz) February 12, 2019
So what do you think? Is this a good allocation of the windfall of funds that potentially could be generated by allocating Guzman’s assets.
And would it help ease a little of the potential bite to taxpayers if they were asked to pay for most of the cost of paying for President Donald Trump’s demand?