Cruz: Seize money from drug lords to fund border wall

Cruz: Seize money from drug lords to fund border wall
© Greg Nash

Sen. Ted CruzRafael (Ted) Edward CruzViral video shows O’Rourke air-drumming to the Who’s ‘Baba O’Riley’ after Cruz debate Five takeaways from Cruz, O'Rourke's fiery first debate NY Times, McCabe give Trump perfect cover to fire Rosenstein, Sessions MORE (R-Texas) is introducing a bill to allow assets seized from drug lords, like Joaquin “El Chapo” Guzman, to fund President Trump’s proposed wall along the U.S.-Mexico border.

Cruz's bill, the Ensuring Lawful Collection of Hidden Assets to Provide Order Act, also known as the "El Chapo Act," is a reference to the Mexican drug kingpin from the Sinaloa cartel.

The U.S. government is seeking $14 billion from the drug lord as part of its prosecution of Guzman.

“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 said Tuesday, according to Axios.

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Guzman was extradited from Mexico to the U.S. in January, pleading not guilty to a 17-charge indictment in a federal court in New York.

The charges allege that Guzman led a continuing criminal enterprise responsible for drug trafficking and conspiracy between 1989 and 2014.

The U.S. government routinely seizes assets from alleged drug dealers and traffickers.

Rep. Jim SensenbrennerFrank (Jim) James SensenbrennerOn The Money: Trump readying 0B in tariffs for China | Warren wants companies to disclose climate impacts | Bill aims to provide clarity to online sales tax ruling One bill that will stop the spread of deadly fentanyl Ryan backs Vukmir in Wisconsin Senate GOP primary MORE (R-Wis.) introduced similar legislation in February, the BuildWall Act, which would allow money forfeited from drug traffickers to improve border security, including a wall.

Cruz's bill comes as the White House pushes for funding to begin work on the border wall.

Last week, officials suggested they would want to see some funds in an upcoming spending bill lawmakers must pass to avoid a government shutdown on Friday.

That put Trump at odds with Democrats who strongly oppose the wall, and with Republican congressional leaders who worried a fight over funding the initiative could stall the spending bill and lead to a politically costly shutdown.

But Trump on Monday said he is open to getting funding for the wall this fall.

Senate Minority Leader Charles SchumerCharles (Chuck) Ellis SchumerTrump, GOP regain edge in Kavanaugh battle READ: President Trump’s exclusive interview with Hill.TV The Hill's 12:30 Report — Trump slams Sessions in exclusive Hill.TV interview | Kavanaugh accuser wants FBI investigation MORE (D-N.Y.) said Tuesday a deal for averting a government shutdown would be possible if Trump dropped his demand for wall funding.

“If the threat of the wall is removed … our negotiations can continue and we can hopefully resolve all of the outstanding issues by Friday,” he said from the Senate floor.

— This story was last updated at 4:08 p.m.