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Kurt Faulhammer

Faulhammer: GOP Immigration Plan Easily Funds Itself

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Kurt Faulhammer

From the Office of Speaker Kurt Faulhammer

The Border Security and Immigration Reform act is $25 billion to the Department of Homeland Security spread over four years. Foreign remittance tax fees alone in thr bill can pay for the bill. In 2016 over $138 billion left the United States in foreign remittances. At the ten percent proposed rate after four years the tax will raise nearly $56 billion dollars well over the appropriated budget which has already been accounted for in the bill. This is money that will come predominantly from foreign nationals in the country and will not affect most Americans whatsoever. There are no issues with the bill financially.


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5 hours ago, Kurt Faulhammer said:

Kurt Faulhammer

 

 

From the Office of Speaker Kurt Faulhammer

 

 

The Border Security and Immigration Reform act is $25 billion to the Department of Homeland Security spread over four years. Foreign remittance tax fees alone in thr bill can pay for the bill. In 2016 over $138 billion left the United States in foreign remittances. At the ten percent proposed rate after four years the tax will raise nearly $56 billion dollars well over the appropriated budget which has already been accounted for in the bill. This is money that will come predominantly from foreign nationals in the country and will not affect most Americans whatsoever. There are no issues with the bill financially.

 

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