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Construction along the southern border in Calexico, California, in August. Photo: Carolyn Van Houten/The Washington Post via Getty Images

The Pentagon is deferring $400 million in Hurricane Maria recovery projects in Puerto Rico so the funds can instead go toward construction of President Trump's border wall, a Defense Department list published Wednesday shows.

Why it matters: Puerto Rico declared bankruptcy in 2017 amid "the biggest government financial collapse in United States history," and it's still struggling to recover from Hurricane Maria. The funding had been allocated for 10 military construction projects in the U.S. territory.

  • The Pentagon list shows all of those projects have been delayed, along with 117 other military construction projects in the United States and its territories to cover $3.6 billion in costs for construction of fencing along the southern border.
  • The Washington Post notes that while the affected projects are classified by the Pentagon as "deferred," Congress would have to again agree to fund them.

The big picture: The Republican-led Senate has agreed to do so in its annual defense policy bill, but the Democratic-led House declined to do the same, per WashPost.

  • A possible compromise could be reached when the Senate and House make trades to meld 2 bills into 1 before seeking the president’s signature, WashPost notes.
  • The American Civil Liberties Union says it will file a motion to block the $3.6 billion from being used to fund the wall.

Go deeper: Not a single mile of border wall has been built where fencing did not exist before

Go deeper

Dion Rabouin, author of Markets
Updated 3 hours ago - Economy & Business

Our make-believe economy is here to stay

Illustration: Eniola Odetunde/Axios

The Federal Reserve and global central banks are remaking the world's economy in an effort to save it, but have created something of a monster.

Why it matters: The Fed-driven economy relies on the creation of trillions of dollars — literally out of thin air — that are used to purchase bonds and push money into a pandemic-ravaged economy that has long been dependent on free cash and is only growing more addicted.

Mike Allen, author of AM
4 hours ago - Politics & Policy

Why Trump may still fire Barr

Photo: Jabin Botsford/The Washington Post via Getty Images

Attorney General Barr may be fired or resign, as President Trump seethes about Barr's statement this week that no widespread voter fraud has been found.

Behind the scenes: A source familiar with the president's thinking tells Axios that Trump remains frustrated with what he sees as the lack of a vigorous investigation into his election conspiracy theories.

Mike Allen, author of AM
4 hours ago - World

Scoop: Trump's spy chief plans dire China warning

Xi Jinping reviews troops during a military parade in Beijing last year. Photo: Thomas Peter/Reuters

Director of National Intelligence John Ratcliffe on Thursday will publicly warn that China's threat to the U.S. is a defining issue of our time, a senior administration official tells Axios.

Why it matters: It's exceedingly rare for the head of the U.S. intelligence community to make public accusations about a rival power.