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There is a huge step from a left leaning organization like CFR recommending something, and it becoming law.

Perhaps that is why Cornyn keeps introducing legislation to implement it.

Senate Bill 2941. http://thomas.loc.gov/cgi-bin/query/z?c108:S.2941:

Highlights:

SEC. 3. PURPOSES.

The purposes of the Fund shall be-- (1) to promote economic and infrastructure integration among Canada, Mexico, and the United States;

(2) to promote education and economic development in Mexico; and

(3) to reduce the wealth gap between Mexico and Canada, and between Mexico and the United States.

More: SEC. 4. PROJECTS FUNDED.

(a) IN GENERAL- The Fund shall make grants for projects to carry out the purposes described in section 3, including projects-- (1) to construct roads in Mexico to facilitate trade between Mexico and Canada, and Mexico and the United States; (2) to develop and implement post-secondary education programs in Mexico; (3) to install telecommunications technologies throughout Mexico; and (4) to construct other infrastructure that will carry out such purposes.

SEC. 5. CONTRIBUTIONS TO THE FUND.

(a) IN GENERAL- The terms of the agreement establishing the Fund shall, subject to the limitation in subsection (b), require the Governments of Canada, Mexico, and the United States to contribute to the Fund.

Increasing trade increases wealth. Increased wealth in Mexico means they can buy more of our value added products. So far, so good.

I'd rather spend Mexico's money to build infrastructure in Mexico than our taxpayer's money. Unfortunately, foreign aid is a big budget item that won't go away. How much money is he talking about? I'd rather they spend it on a neighbor, and have it develop trade and wealth for us and them, than spend it somewhere else that offers no future benefits. At least it can be argued that this is an investment that will pay future dividends.

Cornyn's bill has nothing to do with eliminating borders or integrating three nations into one however.