Gingrich: “What a grand and fitting irony”
As the GOP and President Trump kick the border wall funding can down the road, Senator Ted Cruz (R-TX) has proposed the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act. The proposal includes using the expected $14 billion to be seized from El Chapo should he be convicted to pay for the big, beautiful border wall.
Today I introduced the EL CHAPO Act, which reserves billions in forfeited assets to pay for border security https://t.co/Z89EJF2Vg9
— Senator Ted Cruz (@SenTedCruz) April 25, 2017
In a press release on Cruz’s Senate website, he lays out the proposal.
U.S. Sen. Ted Cruz (R-Texas) today introduced the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act. The bill would reserve any amounts forfeited to the U.S. Government as a result of the criminal prosecution of “El Chapo” (formally named Joaquin Archivaldo Guzman Lorea) and other drug lords for border security assets and the completion of the wall along the U.S.-Mexico border.
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.
“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,” said Sen. Cruz. “Ensuring the safety and security of Texans is one of my top priorities. We must also be mindful of the impact on the federal budget. By leveraging any criminally forfeited assets of El Chapo and his ilk, we can offset the wall’s cost and make meaningful progress toward achieving President Trump’s stated border security objectives.”
Twitter lit up with reaction to Cruz’s proposal.
— Phil Kerpen (@kerpen) April 25, 2017
Ted Cruz is exactly right to focus on confiscating Mexican drug money to pay for the wall. What a grand and fitting irony.
— Newt Gingrich (@newtgingrich) April 25, 2017
— Conservative Review (@CR) April 26, 2017
— The Resurgent (@resurgent) April 26, 2017
Ted Nugent on Cruz's Wall Proposal: The Idea Is Absolutely Bulletproof | Fox Business https://t.co/o7o6qkdlaR
— Chris Wilson (@WilsonWPA) April 26, 2017
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