PHOTO: (Katie Falkenberg / Los Angeles Times)
Article by Bryan Howard
November 3, 2018
Sen. Jim Inhofe (R-Okla.) introduced a bill Thursday that would fund the southern border wall. This new bill will get the funding by cutting down government assistance to illegal immigrants.
The new bill is called the Wall Act, which will produce more than the $25 billion needed to fund the wall according to the Congressional Budget Office (CBO). Inhofe stated, “We’re going to build the wall through new sources of funds by protecting the integrity of hardworking American citizens’ tax dollars.”
The Wall act will get the funding by these new regulations if the Bill is passed,
- Require a work-authorized Social Security number for a person to claim refundable tax credits;
- Require welfare applicants to verify citizenship; and
- Increase the minimum fines on those who inter the country illegally.
According to the Blaze,
The proposal would theoretically cut down significantly on the number of illegal immigrants receiving federal benefits.
Currently, a parent can claim the Earned Income Tax Credit or the Child Tax Credit if their child has a Social Security number, and individuals applying for welfare only have to declare citizenship and provide an SSN to get benefits.
Inhofe’s bill would prevent undocumented parents from claiming the tax credit based on a child having a Social Security Number, and welfare applicants would have to have a verified, work-authorized SSN and citizenship verified through E-verify.
The 2016 CBO reported an estimate on the Federal Revenue gained by requiring adults to have a work-authorized SSN to claim the Earned Income Tax Credit. The amount the CBO projects would be $37 Billion increase in Federal Revenue over a 9 year period, which is $12 Billion more than needed for the wall.