Speech #1140063927

Instead. we are not going to do that. We are going to take money from the increase in TSA fees. which ostensibly was to be used to protect people when they fly on airplanes. and instead we will use it for roads. highways. and bridges. We are taking the money that should go to bolster the strength of our borders so we can make sure we are able to detect drugs and other things that shouldnt be going across our bordersparticularly the border crossings where we have huge amounts of commerce moving in and out of our country into Mexico or into Canadaand instead we are going to take that money and ostensibly put it in roads. highways. and bridges. I found a new way to avoid paying for roads. highways. bridges. and transit systems. and it is kind of a novel way. by saying to the Federal Reserve that we are going to reduce their reserves by $60 billion. The Federal Reserve. or central bank. turns out to have a large portfolio of investments. and a lot of the investments they have are actually Treasury security.