Mississippi congressman proposes crowdfunding border wall through 'border bonds'
Source: Business Insider
Mariana Alfaro 5m
It has been made pretty clear by now that Mexico is not planning on paying for a border wall.
As President Trump scrambles to convince Democrats to hand him the estimated $5 billion in funding necessary to fulfill his campaign promise, others in Washington are coming up with different ways to pay for the wall.
One such thinker is Steven Palazzo, a representative from Mississippi who on Monday introduced the "Border Bonds for America Act" that would allow Americans to buy savings bonds in order to fund the expansion of the wall. Under Palazzo's plan, the US Treasury would sell "border bonds," which he described on Twitter as a "safe investment into the infrastructure ans [sic] security of our country."
. . .
In a press release, the congressman said the American people are "fed up with the political games fueled by the Democrats' inaction to secure our borders and protect our citizens." He compared his plan to the bonds sold in the country to support military efforts during World War II, which is the last time the US sold bonds. Back then, more than 85 million Americans bought bonds. By the end of the war, Americans had purchased $185.7 billion in bonds.
Read more: https://www.businessinsider.com/congressman-proposes-crowdfunding-the-wall-through-border-bonds-2018-12
Steven Palazzo
Derp.
= new reply since forum marked as read
