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.