A member of the U.S. House of Representatives from Arizona has introduced a bill that would ban those residing in the United States from sending money back to Mexico.
“The President shall prohibit the transmission of remittances from the United States to Mexico,” says the text of HR 7380, written and introduced by Representative Paul Gosar (R-AZ-04).
Often when illegal aliens find work in the United States, they send money back to their family members in Mexico. That is how remittances are defined.
Under the bill, the ban on remittances would last until such a time as a border wall is completed and operational.
The bill would also allow the federal government to spend funds confiscated from cartel activities, or assets that have been seized from cartels and liquidated, to pay down the student loans of American citizens, provide job training for American citizens and also for drug addiction recovery programs for American citizens.
“Notwithstanding any other provision of law, the President is authorized to take such actions as may be necessary to use the amounts described in subsection (b) to provide student loan forgiveness, job training, and addiction recovery treatment services to United States citizens,” the bill says.
The bill, introduced on April 4, has been referred to the Committee on Foreign Affairs.
Gosar's office did not return a comment request in time for publication.
Remittances are a big business.
In January alone, $3.9 billion were sent from the United States to Mexico. In 2021, remittances reached a record high, totaling $51.9 billion.
That number equaled the largest single source of income from another nation received by Mexico in 2021.
“Remittances as a percentage of Mexico's GDP have almost doubled over the past decade, growing from 2% of GDP in 2010 to 3.8% in 2020, according to the government,” U.S. News and World Report said. Between 2010 and 2020, the percentage of households in Mexico receiving remittances grew from 3.6% to 5.1%.
This article originally appeared in The Tennessee Star. The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News. Republished with permission.
I was with him until he I read the part about student loans.
I understand the high debt some former students have in their student loans. I do not approve of our government forgiving these high debts for these college students. This was their decision of choice to make at the time. They also knew what their payments would be and for how long. However, they were still able to obtain a college education and hopefully now have a good future ahead. If not, perhaps a bad choice was made to take this route. What do you propose to do for the former students who did the same thing, but did go on and either pay off the balance or at least reduce the balance. This is not fair in any way for them. It is also not fair for our government to make the citizens of the U. S. to pay for their education and received no benefits from their education and income, if any, from this source.
Pfft! 30 years late! ……………Not impressed!
This suggesting is like taking an aspirin for cancer. Until Arizona and every other state stops giving illegal aliens “free candy” it won’t matter is you cut off Western Union. Lots of alternatives to move money around in today’s banking and credit card systems.
Since a lot of these are from illegals, these were probably cash wages so that means $5 billion in 2021 not paid to the Feds for income tax, social security, or Medicare taxes either.