iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Wall Related: Mexico Owes Us $21.6 Billion

Reuters has secured non-disclosed documents regarding construction of the southern border wall from another leaker. This is beginning to form a pattern, isn’t it? We knew Trump was an outsider when he was campaigning, derided by both GOP and DNC. But now it’s becoming abundantly clear that neither party will assist in his governance, and instead work towards derailing any of his major efforts.

The original estimate for the wall was $12-15b. Now the DHS is saying $25b, including a sundry of eminent domain issues, as well as environmental concerns.

In all, it will take 3.5 years to complete — all paid for by the magnanimous and beautiful people of Mexico.

President Donald Trump’s “wall” along the U.S.-Mexico border would be a series of fences and walls that would cost as much as $21.6 billion, and take more than three years to construct, based on a U.S. Department of Homeland Security internal report seen by Reuters on Thursday.

The report’s estimated price-tag is much higher than a $12-billion figure cited by Trump in his campaign and estimates as high as $15 billion from Republican House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell.

The report is expected to be presented to Department of Homeland Security (DHS) Secretary John Kelly in coming days, although the administration will not necessarily take actions it recommends.

The plan lays out what it would take to seal the border in three phases of construction of fences and walls covering just over 1,250 miles (2,000 km) by the end of 2020.

With 654 miles (1,046 km) of the border already fortified, the new construction would extend almost the length of the entire border.

Many cost estimates and timelines have been floated since Trump campaigned on the promise of building a wall. The report seen by Reuters is the work of a group commissioned by Kelly as a final step before moving forward with requesting U.S. taxpayer funds from Congress and getting started on construction.

A DHS spokeswoman said the department does “not comment on or confirm the potential existence of pre-decisional, deliberative documents.”

A White House spokeswoman said it would be “premature” to comment on a report that has not officially been presented to the president.

The report said the first phase would be the smallest, targeting sections covering 26 miles (42 km) near San Diego, California; El Paso, Texas; and in Texas’s Rio Grande Valley.

The report assumes DHS would get funding from Congress by April or May, giving the department sufficient time to secure contractors and begin construction by September. Trump has said Congress should fund the wall upfront, but that Mexico will reimburse U.S. taxpayers. Mexico has said it will not pay.

The second phase of construction proposed in the report would cover 151 miles (242 km) of border in and around the Rio Grande Valley; Laredo, Texas; Tucson, Arizona; El Paso, Texas and Big Bend, Texas. The third phase would cover an unspecified 1,080 miles (1,728 km), essentially sealing off the entire U.S.-Mexico border.

The former President of Mexico and professional Trump troll on Twitter, Vincente Fox, is losing his fucking mind over this topic.
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6 comments

  1. heckler

    Sounds to me like China’s wall will still be better 🙁

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  2. it is showtime

    Wall needs vending machines extra cost

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  3. traderconfessions
    traderconfessions

    Don’t forget the cost of removing graffiti. Why not pay the Mexicans to build it. Win-win.

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  4. cancel19

    Did the Chinese emperor or emperors get that much grief over building The Great Wall of China? Historians please ring in on this.

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  5. 99 lead balloons

    Pretty sure Mongolia paid for the wall.

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  6. sarcrilege

    > “… neither party will assist in his governance, and instead work towards derailing..”

    Trump needs insiders to get anything done; and most, if not all, insiders are zionist neocons taking orders from banksters to undermine Trump’s efforts. Trump’s admin is being co-opted one by one.

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