First Take on the CBO Report: Amnesty Hurts U.S. Workers
Maybe they should go after people hiring illegals.
Check it out:
The Congressional Budget Office (CBO) released its cost estimate and economic impact documents for S. 744, the Border Security, Economic Opportunity, and Immigration Modernization Act, today. We are still analyzing the lengthy reports, but already a few items stand out as noteworthy.
CBO reports that S. 744 would have only a marginal impact in reducing future illegal immigration. According to CBO, S.744 would reduce the future inflow of illegal immigrants into the U.S. over the next two decades by only 25 percent. CBO estimates that by 2033, 7.5 million new illegal immigrants will have entered the U.S. and taken up residence. The Heritage Foundation’s Robert Rector estimates that these new illegal immigrants could cost the taxpayers (federal, state, and local) some $400 billion over 20 years.
The CBO estimate is in sharp contrast to the rhetoric of the bill’s sponsors, who have said the bill “contains the toughest border immigration enforcement measures in U.S. history.” Measures to increase border security or make an amnesty contingent on securing the border first have been voted down by the bill sponsors and their allies in the Senate.