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$13 million already sent to GoFundMe border wall campaign by Friday morning
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-120 price on both sides of total on $40 million reached
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Pledge drive aims to raise $1 billion to “uphold our laws, and get this wall BUILT!”
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Department of Homeland Security may not be able to accept funds for this specific purpose
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With $13 million sent to a GoFundMe campaign to erect a wall on the U.S. Mexico border, BetOnline has proven once more they are among the greatest innovators in online gambling today.
“We opened a couple props for the Gon Fund Me page,” BetOnline Head Linesmaker Dave Mason tells gambling911.com. “What a country!”
$40 million raised is the total Mason has posted for the total OVER/UNDER.
That's a far cry from the $5 billion U.S. President Donald Trump is asking for, and threatening to shut down the government effective December 22 if he doesn't get that amount.
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There is a big question with the grassroot campaign, titled We the People Will Fund the Wall, as it is not known whether the Feds can actually accept these funds. It is being pushed by Air Force veteran Brian Kolfage.
The pledge drive aims to raise $1 billion to “uphold our laws, and get this wall BUILT!” Kolfage, a Purple Heart recipient who lost both legs and an arm in Iraq, wrote on the campaign’s web page. “It’s up to Americans to help out and pitch in to get this project rolling.”
The New York Post reported that Kolfage may end up having to issue refunds.
According to the Treasury Department, general donations to the feds are directed to a “Gifts to the United States” fund, set aside for “general use” by the federal government or “budget needs.”
Specific federal agencies can’t touch this funding without a congressional appropriation.
Some agencies can accept gifts directly for earmarked purposes, but it was not clear if the Department of Homeland Security, which oversees the borders, was among them.
The DHS did not immediately respond to a request for clarification.
GoFundMe accounts also require that funds are used for their stated purposes. Should the DHS be unable to accept said funds, all that money would need to be returned.
- Jagajeet Chiba, Gambling911.com
