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Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: JAB <here@is.invalid> Newsgroups: misc.news.internet.discuss Subject: Undocumented Immigrants Boost Economy Date: Wed, 31 Jul 2024 18:19:16 -0500 Organization: A noiseless patient Spider Lines: 27 Message-ID: <v8egpm$1q59u$1@dont-email.me> Reply-To: JAB <here@is.invalid> MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Injection-Date: Thu, 01 Aug 2024 01:19:19 +0200 (CEST) Injection-Info: dont-email.me; posting-host="ec76d9050426a3bdf5686ce896826099"; logging-data="1905982"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX19NcYZZqkfQYk90egxGyOMl" User-Agent: ForteAgent/8.00.32.1272 Cancel-Lock: sha1:Efnz4KGbG3pT2VNFBE7hu0XcLc4= Bytes: 2146 US Govt. Report: Undocumented Immigrants Boost Economy Based on an estimated increase of 1.7M immigrants per year from 2021-2026, a US Congressional Budget Office (CBO) report says the country will see an increase of $1.7T in federal revenue from 2024-2034 and a $897B decrease to the federal deficit. This figure is based on projections that through their participation in the labor market, they will pay $788B in taxes, adding $387B in federal revenue through their general effect on the economy Regarding the children of immigrants who are born in America, the report says their access to welfare will increase total federal program expenditures and debt interest by $300B over the 10-year period, resulting in an additional $23B in mandatory spending in 2034.[2] Regarding the debt, the report states that while undocumented migrants will lead to a debt reduction of $4B from 2024-2028, their presense in the country will increase debt spending by $101B between 2024 and 2034.[1] Their overall participation, however, is estimated to lead to an $8.9T increase to the nation's gross domestic product (GDP) over the 10 years.[2] https://www.improvethenews.org/story/2024/us-govt-report-undocumented-immigrants-boost-economy