Fox Business: Ted Cruz: El Chapo’s $12.6B fortune should fund Trump’s border wall

News|7.18.19

Republican Texas Sen. Ted Cruz is re-upping a proposal to fund President Trump’s border wall – by requiring drug kingpin Joaquin “El Chapo” Guzman and other convicted drug lords pay for it.

In an interview with TMZ released on Thursday, Cruz said El Chapo’s criminal enterprise is worth billions of dollars, which should be used to secure the border.

The comments come after a federal judge in New York sentenced El Chapo to life in prison. He is believed to have smuggled about $12 billion worth of drugs across the U.S. border.

He was ordered to pay $12.6 billion in forfeiture.

Cruz wants the money forfeited by El Chapo – and other drug lords – to be funneled to border security and toward funding the wall.

“I think the next step is to criminally forfeit his entire global criminal enterprise – it’s worth billions – and we should use every penny of that money to build the wall and secure the border,” Cruz said.

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