President Trump Can Fund the Border Wall Without Congressional Approval

Photo: Evan Vucci/AP

The border wall will be built only if Donald Trump uses executive power to do it. He has the funds available and the authority to build the wall.

The federal government has shut down because Republicans can’t agree on funding for President Donald Trump’s main campaign promise to build a wall on the southern border with Mexico, and Democrats are insisting they will not vote for wall funding. This typical Washington gridlock is surmountable because Trump can build the wall on his own.

A week ago, the White House put out a call to federal agencies to look for “pots of money” in their existing budgets that could be cobbled together to pay for border wall construction. Immediately, Sen. John Thune, the Republican whip in the upper chamber, shot down the idea of shifting funds from executive departments to the border, saying, “I’m not a big fan of moving money.” Like it or not, there are sources of revenue in the executive branch that the president has authority to use without congressional approval.

The Department of Agriculture has about $200 billion in outstanding loans for rural development projects such as community buildings, bridges, roads, fire stations, police stations, water projects and barriers such as fencing and walls. These federal loans to local communities have low default rates that are attractive to private-sector investors because they represent large, reliable cash flows — the kind of investments that big money funds desperately desire.

Read the rest of the story HERE.

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.