Trump Considering Security Funding Cuts to Pay for Mexico Border Wall - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 8, 2017 Newswires
Share
Share
Post
Email

Trump Considering Security Funding Cuts to Pay for Mexico Border Wall

Voice of America News

March 8, 2017 11:57 AM

- Ken Bredemeier

U.S. President Donald Trump is weighing funding cuts for the country's Coast Guard, its natural disaster emergency agency, and airport security arm so he will have money to start building a wall along the U.S.-Mexican border and crack down on illegal immigration.

Trump vowed during his run to the White House to build the 3,200-kilometer wall to thwart illegal immigrants from Mexico and Central American.

But now, Trump is faced with finding money to fund the massive project. He has estimated the wall would cost $12 billion, although the Homeland Security Agency says the cost could be as much as $21.6 billion.

Although Trump has yet to present a government budget proposal to Congress, a draft of his spending priorities related to the wall is circulating among Washington officials for their comments, with vocal opposition expected from the agencies targeted for funding cuts.

The president is planning to present a complete budget plan in the coming weeks.

Under the draft, Trump would cut 14 percent of the $9.1 billion in funding for the country's Coast Guard, whose personnel guard ports and coastlines, intercept drug couriers and capture illegal migrants trying to enter the country by sea.

The draft budget would trim 11 percent, $500 million, from the Transportation Security Agency, whose agents guard security checkpoints at the country's 5,000 public airports.

In addition, the budget proposal calls for slashing 11 percent, $370 million, from the Federal Emergency Management Agency, including money for countering violent extremism. FEMA is best known in the U.S. for its rescue efforts after tornadoes, hurricanes and other natural disasters.

The draft spending plan said the White House is prioritizing Homeland Security law enforcement operations, "critical investments in front-line border security" and "robust cybersecurity defenses." It said the budget "aggressively implements the president's commitment to construct a physical wall along the southern border."

With the proposed cuts and other funding, the draft suggests that $2.9 billion would be available to start funding construction of the wall, with another $1.9 billion for "immigration detention beds" and $285 million to hire 500 more Border Patrol agents and 1,000 more Immigration and Customs Enforcement agents.

Older

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Citizens, Inc. – CIA

Newer

The House’s Obamacare repeal bill would strand drug addicts without access to care

Advisor News

  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
More Advisor News

Annuity News

  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
More Annuity News

Health/Employee Benefits News

  • UnitedHealth posts $4B profit in comeback from financial spiral
  • UnitedHealth beats Q3 expectations, hikes 2026 guidance
  • What 70% doesn’t tell you
  • Blue Cross faces Michigan lawsuit over alleged monopoly and pricing practices
  • SMH, UnitedHealthcare wrangle over coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • How life insurance can solve problems unique to HNW clients
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • BILTIR conference draws more than 750 insurance leaders to Bermuda
  • Death and taxes: How the right analysis for life insurance changes the picture
  • Life insurance applications rise 15.2% in September, MIB reports
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.