Trump to divert an extra $7.2 billion from military for border wall, reports say

The administration of President Donald Trump is planning to move an additional $7.2 billion of Pentagon funding to build a border wall, according to several news reports.

The White House would shift money from two sources — $3.7 billion from one fund for military construction and $3.5 billion from another for counter-narcotic programs — into a pot to be used for border-wall construction, according to reports in The New York Times, The Wall Street Journal and Washington Post on Tuesday, citing anonymous sources familiar with the plans.

According to The Washington Post, which said it had obtained the plans, “the funding would give the government enough money to complete about 885 miles of new fencing by spring 2022, far more than the 509 miles the administration has slated for the U.S. border with Mexico.”

Article URL : https://www.cnbc.com/2020/01/14/trump-to-divert-7point2-billion-from-military-for-border-wall-reports.html

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