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CBO: Immigration Bill Will Reduce The Deficit Over The Next 20 Years
Forbes.com ^ | Brett Logiurato

Posted on 06/19/2013 5:54:20 AM PDT by Pearls Before Swine

The Congressional Budget Office said Tuesday that the immigration bill currently being debated in the Senate would reduce the federal budget deficit by $875 billion over the first 20 years it becomes law.

The CBO said in its official scoring of the bill that it would reduce the deficit by $175 billion in its first 10 years of existence. Over the next decade, it would provide an additional $700 billion in savings.

.... Politics More: Congress Immigration Reform CBO CBO: Immigration Bill Will Reduce The Deficit Over The Next 20 Years Brett LoGiurato Jun. 18, 2013, 5:58 PM 489 6

inShare2

immigration deport immigrants

AP The Congressional Budget Office said Tuesday that the immigration bill currently being debated in the Senate would reduce the federal budget deficit by $875 billion over the first 20 years it becomes law.

The CBO said in its official scoring of the bill that it would reduce the deficit by $175 billion in its first 10 years of existence. Over the next decade, it would provide an additional $700 billion of deficit reduction.

That amounts to 0.2% of GDP.

If the bill becomes law, the CBO estimated that about 10.4 million people would come to the United States as new immigrants. And it would legalize about 8 million people who currently live in the country as unauthorized immigrants.

The CBO's scoring of the bill pleased immigration reform advocates, the Senate "Gang of Eight" sponsors of the bill, and President Barack Obama.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Breaking News; Culture/Society; Government
KEYWORDS: 113th; aliens; amnesty; budget; cbo; federalspending; illegals; immigration
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I thought the CBO was supposed to be objective in its scoring of government proposals. We saw how objective it was in the scoring of the Affordable Care Act, a/k/a Obamacare. It was scored over 10 years, and the Dems gamed the scoring by including 4 years of up front payments and only six years of benefits.

Now, against all evidence of what a drain illegal aliens are on our country, they tell us that wholesale amnesty will be an economic boon. If you believe this, I've got a bridge to see you.

1 posted on 06/19/2013 5:54:20 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

Sorry about the sloppy pasting around the second paragraph. Read around it or go to the link.


2 posted on 06/19/2013 5:55:25 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

The horse$hit has just drowned us all.


3 posted on 06/19/2013 5:55:38 AM PDT by fieldmarshaldj (Resist We Much)
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To: Pearls Before Swine

Same group that said Obamacare will not cost us...........


4 posted on 06/19/2013 5:57:10 AM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: Pearls Before Swine
In other news....

“Obamacare will save you money”

“Man-made global warming is really real”

“I am not a dictator”

5 posted on 06/19/2013 5:58:03 AM PDT by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: Pearls Before Swine

Yeah, riiiiight.

And cold fusion works too.

And solar/wind energy will provide all our needs.

And the Obamadork actually attended all those universities.

Bull Obama.


6 posted on 06/19/2013 5:59:49 AM PDT by Da Coyote
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To: Pearls Before Swine

Our country is lost.

Democrats say it.
Government departments “confirm” it.
The media reports it as fact.
The public accepts it without challenge.


7 posted on 06/19/2013 6:00:24 AM PDT by brownsfan (Behold, the power of government cheese.)
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To: Pearls Before Swine

I don’t give a flying FIG about how much it is projected to save in costs. THAT IS NOT what this is about. This isn’t an appropriations bill or a healthcare bill. This is about protecting a sovereign nation from illegal entry. If it IS a spending bill, where is the line item for building the fence?


8 posted on 06/19/2013 6:00:34 AM PDT by SueRae (It isn't over. In God We Trust.)
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To: Pearls Before Swine

And the lying dogs at the CBO also said that ObamaCare would not cost more than $900 billion so it would pass. Shortly after, they revised the figure to $1.5 TRILLION, and that too, will be too low.

The “non-partisan” CBO pushes the Big Government agenda with fake numbers to provide cover for Congress.


9 posted on 06/19/2013 6:00:41 AM PDT by txrefugee
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To: Pearls Before Swine
It is all a game, a numbers game full of BS.

They'll estimate 20 trillion in deficit over the next 10 years. Then re-cook the numbers with some bill they want and get 19.2 trillion in deficit over the next 10 years. Then they'll go and claim the bill will have an 800 billion deficit reduction.

BS - we're still running a deficit. To borrow one of hussein's favorite stupidisms - this is "unsustainable." You can't run a deficit, any level of deficit, indefinitely.

10 posted on 06/19/2013 6:00:47 AM PDT by ThunderSleeps (Stop obarma now! Stop the hussein - insane agenda!)
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To: Pearls Before Swine

I find this sentence particularly amusing:

“The CBO’s scoring of the bill pleased immigration reform advocates, the Senate “Gang of Eight” sponsors of the bill, and President Barack Obama.”

After all that’s come to light recently with the IRS and the NSA, it’s not easy to imagine some relationship between the “pleasing” and the “pleased.”


11 posted on 06/19/2013 6:02:04 AM PDT by Pearls Before Swine
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To: brownsfan

Pretty much sums it up.


12 posted on 06/19/2013 6:02:10 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Pearls Before Swine

I mean, it IS easy.


13 posted on 06/19/2013 6:02:22 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

14 posted on 06/19/2013 6:02:28 AM PDT by John 3_19-21 ("as for me and my house, we will serve the Lord.")
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To: Pearls Before Swine

This, after a study that showed amnesty of the purported “11 million” (more like 25 million) illegals will ultimately cost $6 trillion.


15 posted on 06/19/2013 6:02:34 AM PDT by ScottinVA ( Liberal is to patriotism as Kermit Gosnell is to neonatal care.)
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To: Pearls Before Swine

“Wanna buy a bridge” Toll booths not included.


16 posted on 06/19/2013 6:04:51 AM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Pearls Before Swine

17 posted on 06/19/2013 6:05:12 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Pearls Before Swine

More lies, following Rat arm breaking inside CBO, just like with the Obamacare scoring.


18 posted on 06/19/2013 6:05:52 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: blueyon

Exactly. They are probably figuring in all the taxes these illegals are going to pay that we know are not going to pay but only cost us more in entitlement payouts plus the votes that they think they are going to get to bolster their base and expand their power. They are too stupid to realize that those immigrants will start electing their own and kick them to the curb.


19 posted on 06/19/2013 6:06:46 AM PDT by jsanders2001
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To: Pearls Before Swine

Providing health care and social security to illegals from Central and South America is bound to save us money.


20 posted on 06/19/2013 6:07:01 AM PDT by SC_Pete
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To: Pearls Before Swine

Let’s see. Immigrants will pour in who earn so little as to pay virtually no income taxes, while simultaneously consuming huge amounts of “free” government-sponsored education, welfare, Obamacare, Medicaid, Medicare, Social Security, disability, government housing, Obamaphones, etc.

Somehow, this magically cures the budget deficit. Perhaps the CBO is factoring in additional taxes received form the Tooth Fairy and Santa Claus.


21 posted on 06/19/2013 6:07:18 AM PDT by Thane_Banquo ( Walker 2016)
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To: Pearls Before Swine

And how, exactly, will amnesty curb the deficit when for the cost of a cheap fine, 20 million newly minted Democrap voters will be depending on the system???


22 posted on 06/19/2013 6:08:46 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: Pearls Before Swine

the same people who told us that obamacare would reduce costs,, yea letting in millions who are not educated, who have welfare for their families will truly reduce the debt and be a positive for the country

YEA RIGHT


23 posted on 06/19/2013 6:09:55 AM PDT by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: manc

Even if this were true, our congress would have it spent before the first dollar was collected.


24 posted on 06/19/2013 6:12:41 AM PDT by KEVLAR (Liberty or Death)
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To: SueRae; All; Pearls Before Swine

They come to America II

http://www.theycometoamerica.com/

Borders Wide Open Documentary Reveals Potential Amnesty Issues!! - Wake Up America

http://www.youtube.com/watch?v=089jr2OLxc0

http://www.freerepublic.com/focus/f-bloggers/3033084/posts


25 posted on 06/19/2013 6:18:18 AM PDT by Whenifhow
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To: blueyon

Laughable.


26 posted on 06/19/2013 6:19:31 AM PDT by Eric in the Ozarks (NRA Life Member)
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To: Pearls Before Swine

Now we *know* the con is on. This is the same crap the CBO said about ObamaCare.


27 posted on 06/19/2013 6:21:53 AM PDT by OrangeHoof (Howdy to all you government agents spying on me.)
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To: Pearls Before Swine

Sure and the AFFORDABLE CARE ACT WAS GOING TO CUT A FAMILY OF FIVE’S MEDICAL COVERAGE BY $2500.00 PER YEAR... THOSE WERE CBO FIGURES... NOW THE CBO SAYS THAT IT WILL TAKE $20,000.00 PER YEAR FOR THE BRONZE POLICY. LIARS ALL!!!

LLS


28 posted on 06/19/2013 6:22:01 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Pearls Before Swine

wow, that bill must really be stalling,,now we have this bogus CBObama report with information no one should trust. Gee,,who is surprised? Anyone?


29 posted on 06/19/2013 6:25:09 AM PDT by austinaero
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To: Pearls Before Swine

I do not know why anyone would believe what comes out of Washington anymore.

The lies start when they give a bill a name. The name never matches up with what the bill will really do if it becomes law.

And anytime they say a particular bill will save money, hold on to your wallet because what that means it is going to cost way more then they are willing to tell us.


30 posted on 06/19/2013 6:26:55 AM PDT by CIB-173RDABN (California does not have a money problem, it has a spending problem.)
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To: Pearls Before Swine

The CBO also said the same thing about Obamacare, then changed it’s mind after it was rammed through.


31 posted on 06/19/2013 6:31:19 AM PDT by Durbin
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To: Pearls Before Swine

Just remember there are real people at CBO putting this information together and the IRS and NSA have the same type photos as they have on Justice Roberts, mating with animals, shoplifting, keeping a nanny locked in the house, etc.


32 posted on 06/19/2013 6:32:13 AM PDT by Portcall24
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To: blueyon

My first thought.


33 posted on 06/19/2013 6:32:47 AM PDT by ncpatriot
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To: Pearls Before Swine
the immigration bill currently being debated in the Senate would reduce the federal budget deficit by $875 billion


34 posted on 06/19/2013 6:33:31 AM PDT by expat_panama
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To: PATRIOT1876

Milli Vanilli sings real songs.
Chaz Bono wins Mr. Olympia.
Justin Bieber shave for first time.


35 posted on 06/19/2013 6:35:39 AM PDT by Resolute Conservative
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To: Whenifhow

I ordered this DVD and it is a must see. Order this and get 4 free. Have a watching party!


36 posted on 06/19/2013 6:39:31 AM PDT by lone star annie
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To: Pearls Before Swine

Just like they figured ObamaCare would cost 900 billion except when it would cost 2.5 trillion and counting.


37 posted on 06/19/2013 6:41:22 AM PDT by headstamp 2 (What would Scooby do?)
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To: Pearls Before Swine

Welfare for the uneducated illegal masses will reduce the deficit! Don’t know whether to laugh or cry at such stupidity.


38 posted on 06/19/2013 6:41:38 AM PDT by avacado
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To: Pearls Before Swine

It would be great to see the actual assumptions that allows them to come to such a conclusion. I believe it would be quite revealing. The key to any analysis are the assumptions used.


39 posted on 06/19/2013 6:43:18 AM PDT by plain talk
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To: austinaero
wow, that bill must really be stalling,,now we have this bogus CBObama report with information no one should trust.

In a perverse way, that's one of the most encouraging comments on the thread!

40 posted on 06/19/2013 6:45:35 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

Bullcrap. The CBO was given very tight restraints on how to score it and naturally they came up with a Rat friendly number. Remember when they said that Obamacare would cost less than $1 trillion over 10 years and it rapidly ballooned to nearly triple that?


41 posted on 06/19/2013 6:52:36 AM PDT by Blood of Tyrants (Inside every liberal and WOD defender is a totalitarian screaming to get out.)
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To: Pearls Before Swine
how about the next 100 years?
42 posted on 06/19/2013 6:55:53 AM PDT by Drawn7979
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To: Pearls Before Swine

Figures lie and liars figure.


43 posted on 06/19/2013 7:11:14 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Da Coyote

Cold fusion does work, just ask Andrea Rossi. /s


44 posted on 06/19/2013 7:11:33 AM PDT by EEGator
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To: Pearls Before Swine

They do not factor in these two issues:
1. The number of newly legalized immigrants that will be eligible for and that sign up for welfare benefits (likely to be 7-10 million).
2. The policies that will result from a majority Democratic House, Senate, Presidency, and from the majority of states having Democratic majorities, as a result of 6-8 million new voters, 90% of those voting Democrat straight ticket.


45 posted on 06/19/2013 7:15:07 AM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: Pearls Before Swine

“By fixing our broken immigration system – and making sure that every worker in America is playing by the same set of rules and paying taxes like everyone else – we can grow the economy, strengthen the middle class, improve our fiscal outlook and create new opportunity for Americans everywhere.”
BS. The illegally employed illegal alien is only a small fraction of the economic problem. PAYING TAXES. There’s the magic word. Paying INCREASED taxes. There’s the reality. Increased taxes to PAY FOR administering the immigration reform. Opportunity? for Americans EVERYWHERE? Opportunity for what? To pay MORE TAXES????


46 posted on 06/19/2013 10:08:44 AM PDT by fivecatsandadog (Let's not be so open-minded that our brains fall out.)
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To: Pearls Before Swine

And we should believe them? Why?


47 posted on 06/19/2013 10:50:16 AM PDT by samsmom
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To: Pearls Before Swine

CBO : Have their spending projections EVER been right?

Remember, Obamacare was going to come in under a trillion dollars; Trillion dollar yearly deficits were going to be halved by Obama’s 4th year


48 posted on 06/19/2013 10:55:39 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Pearls Before Swine

...they also said Obamacare would save us money....


49 posted on 06/19/2013 11:00:07 AM PDT by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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To: Pearls Before Swine
The CBO is nothing but a rubber stamp because they simply take the numbers they are given and make projections. In essence, they lend credibility to the incredible.

Congressional Budget Office? ROTFLMAO!!! What budget, I see no budget?

50 posted on 06/19/2013 12:13:33 PM PDT by DBeers (†)
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