Bill 118 hr 6817, also known as the Remittance Transfers Enforcement and Border Security Act, proposes to impose a fee on certain remittance transfers in order to fund border security measures. The bill aims to address concerns about the flow of money from the United States to other countries, particularly those with high levels of illegal immigration.
If passed, the bill would require financial institutions to collect a fee on remittance transfers sent to certain countries, with the revenue generated from these fees being allocated towards enhancing border security efforts. The specific countries targeted for these fees would be determined by the Secretary of Homeland Security.
Supporters of the bill argue that imposing fees on remittance transfers is a fair way to fund border security measures, as it targets individuals who are benefiting from the US financial system while potentially contributing to illegal immigration. However, opponents of the bill raise concerns about the potential impact on individuals who rely on remittance transfers to support family members in other countries.
Overall, Bill 118 hr 6817 represents a controversial approach to funding border security through remittance transfers, and its passage would likely spark further debate and discussion on the issue.