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Immigration-the cash trail
the Brookings Institute-US. Economics ^
| 05/16/06
| Isabel V. Sawhill
Posted on 05/16/2006 6:21:07 PM PDT by mo
At present, 84 percent of the federal budget is for entitlements, defense, homeland security, or interest on the debt. Any effort to achieve a reduction in spending by focusing on the remaining 16 percent is unlikely to be very effective. For example, a 1 percent cut in nominal non-security discretionary spending for one year reduces total spending by only 0.17 percent. Over five years, it reduces total spending by 0.89 percent......
(Excerpt) Read more at brookings.edu ...
TOPICS:
KEYWORDS: congress; entitlements; federalspending; iimigration; taxes
I think this article explains why the immigration issue is so "subtle", "nuanced" and "complex" to both Republicans and Democrats and to the President. An earlier thread today noted that the Senate immigration bill allows 193 million immigrants over the next 20 years (http://www.freerepublic.com/focus/f-news/1632942/posts)I suspect that number is no accident and provides an extimated number of taxpayers required to bail Washington out of the entitlemnet hole it has dug for itself and us. This issue makes or breaks big governmnet.
1
posted on
05/16/2006 6:21:10 PM PDT
by
mo
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