First published: January 26, 2017, 10:51 PM IST | Updated: 9 mins ago
File photo of US President Donald Trump. (Photo: AP)
Washington: If one believes the back-of-the-envelope estimates by Republican leaders on Capitol Hill, President Donald Trump’s border wall is going to cost between $12 billion and $15 billion. That’s a lot of money, even though it’s just a minute fraction of a $4 trillion federal budget. Here are a few examples of what the government could do with $15 billion:
— Fund the Environmental Protection Agency for almost two years.
— Buy about 150 top-of-the-line F-35 fighter jets.
— Fund medical research at the National Institutes of Health for six months
— Pay for overseas military operations in Iraq and Afghanistan for three months.
— Finance the IRS for eight months.
— Cover the government’s interest costs on the national debt for about three weeks.
— Provide food stamps to 45 million people for about two months.