With drug kingpin Joaquin “El Chapo” Guzmán Loera being convicted on all counts on Tuesday, and with the U.S. in need of cash to put toward increasing our border security, Texas Senator Ted Cruz has a great idea on what to do with the multiple millions of El Chapo’s illicit drug money that the government has in its hands.
As liberals work to prevent us from improving our border security, Cruz took note of El Chapo’s conviction.
As CNN noted on Tuesday:
Joaquin “El Chapo” Guzmán Loera, the Mexican drug lord who pocketed nearly $14 billion as the decadeslong head of the murderous Sinaloa cartel, was found guilty Tuesday of all 10 federal criminal counts against him, including the top charge of engaging in a continuing criminal enterprise.
But, during the investigation into the monster’s actions, authorities gained quite a haul.
As Daily Wire reported:
During their pursuit of “El Chapo,” federal agents confiscated billions of dollars in cold hard cash, along with billions of dollars in more “solid” assets, including “gold-plated AK-47s and monogrammed, diamond-encrusted pistols.” By the time El Chapo was captured in 2016, federal agents had amassed a cache of more than $14 billion in seized assets.
That is a lot of cash.
What to do, what to do.
Well, Cruz has an idea.
Now Ted Cruz says he believes the money can be put to good use by building a border wall, ostensibly making it much harder for drug kingpins like El Chapo to traffic marijuana, heroin, and cocaine across the United States southern border. To that end, on Tuesday he introduced the Ensuring Lawful Collection of Hidden Assets to Provide Order, or EL CHAPO Act.
“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 in a statement released on Tuesday.
Let's pass the EL CHAPO Act and make El Chapo pay to secure our border: https://t.co/xBCc6dVaR2
— Ted Cruz (@tedcruz) February 12, 2019
Seems like a can’t miss idea!
Follow Warner Todd Huston on Twitter @warnerthuston.