Report: New Jersey taxpayers could pay large share of cost for wall between US and Mexico

New Jersey taxpayers may end up paying a large share of the costs associated with President Donald Trump’s proposed wall between the United States and

A surcharge on flood insurance premiums could be used to pay for the costs to build a wall between the United States and Mexico, according to preliminary budget documents.

A surcharge on flood insurance premiums could be used to pay for the costs to build a wall between the United States and Mexico, according to preliminary budget documents. (3/8/17)

EDISON - New Jersey taxpayers may end up paying a large share of the costs associated with President Donald Trump’s proposed wall between the United States and Mexico, according to published reports.

Documents obtained by the Washington Post and Politico say internal budget documents show that the Trump administration is seeking a 14 percent cut to the Coast Guard, an 11 percent cut to the Transportation Security Administration and an 11 percent cut to FEMA.

The cuts to FEMA may impact New Jersey the most, particularly the more than 200,000 families who buy flood insurance.

The budget documents reportedly show that the White House wants to raise the money for the border wall by imposing a surcharge on flood insurance premiums. How much that surcharge could be remains unclear.

A White House spokesperson cautions that the documents are only a draft and not the final plan to pay for the wall.

The border wall is estimated to cost about $20 billion to build.

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