[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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