According to a press release from Senate today, the "El Chapo" bill has been introduced by Senator Ted Cruz (R-TX), requesting over $14 billion in criminal asset forfeiture against the infamous Mexican drug lord.
“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,” said Sen. Cruz. “Ensuring the safety and security of Texans is one of my top priorities. We must also be mindful of the impact on the federal budget. By leveraging any criminally forfeited assets of El Chapo and his ilk, we can offset the wall’s cost and make meaningful progress toward achieving President Trump’s stated border security objectives.”
The press release went on to describe the bill stating:
"The bill would reserve any amounts forfeited to the U.S. Government as a result of the criminal prosecution of “El Chapo” (formally named Joaquin Archivaldo Guzman Lorea) and other drug lords for border security assets and the completion of the wall along the U.S.-Mexico border."
In a February exclusive, Reuters reported that the border wall could cost $21.6 billion and take three years, six months to complete. That said, Señor Guzman's "contribution" could cover about 64.8% of the Trump campaign promise's price tag. And, with language included in the bill to apply this law to future convictions, Cruz's message to the cartels seems clear: It's time to pay the check.