[Congressional Record Volume 169, Number 21 (Wednesday, February 1, 2023)]
[House]
[Page H615]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         BIDEN'S BORDER CRISIS

  (Mr. MORAN asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. MORAN. Mr. Speaker, as Biden's border crisis continues to cost 
American taxpayers billions per year, I rise today to introduce my 
first bill, the Border Security Investment Act.
  This legislation will target the millions of immigrants who entered 
our country illegally, use American resources, don't pay taxes, and 
then proceed to send money back to foreign countries.
  More specifically, it would place a 37 percent user-based transaction 
fee on remittance transfers made through money service businesses where 
the remittance originates in the U.S. and is sent back to one of the 
top five nations of origin for illegal immigration.
  Revenue collected is placed under two trusts; both for border 
security. In the first trust the funds will be used by the Federal 
Government specifically for salaries and wages for Customs and Border 
Protection, physical barriers, and detection technology only. The 
second trust is allocated to reimburse States for their expenditures 
for border security enforcement measures.
  Any unspent money under this legislation from these two funds 
exceeding $50 billion is allocated to the Treasury solely for the 
purpose of reducing national debt.
  While there is still plenty of work to be done, this bill is a first 
step in securing our border, keeping our communities safe, and working 
toward a balanced budget.

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