Immigration and Job Creation

According to a report issued by the non-partisan Congressional Budget Office, if the pending immigration reform bill (S. 744) is passed, it will have significant economic benefits for the country.  According to the CBO, new immigrants will generate enough new revenue to shrink the budget deficit by $175 billion over the next decade, and increase GDP by as much as two percentage points.

Here’s an article from Quartz

Here’s the link to the CBO report.

Here’s Ezra Klein’s take at the Washington Post

Conservatives claim that their main priority, above all else, is shrinking the deficit. So lets see how they interpret this report.

 

 

Author: Mike

I am a patent attorney in Lexington, Kentucky. My law firm web site is http://www.coblenzlaw.com. I ran for State Representative in 2010 and lost in the primary. Many of these posts are based on writing that I did for that election. Rather than delete it all, I decided to dump it onto the internet.

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