Posted on 03/17/2015 5:53:31 PM PDT by Freedom56v2
The lifetime costs of Social Security and Medicare benefits of illegal immigrant beneficiaries of President Obamas executive amnesty would be well over a trillion dollars, according to Heritage Foundation expert Robert Rectors prepared testimony for a House panel obtained in advance by Breitbart News.
Rector, a senior research fellow at Heritage, is slated to speak on the costs of Obamas executive amnesty Tuesday before the House Oversight and Government Reform Committee. He will testify to the high entitlement costs of granting legal status to millions of illegal immigrants.
Based on Rectors calculations, which assume that at least 3.97 illegal immigrants would apply for and receive legal status under Deferred Action for Parents of U.S. citizens and legal permanent residents (DAPA), and that the average DAPA beneficiary would have a 10th grade education, the costs would be immense.
Specifically, in 2010 dollars, the lifetime costs of Social Security benefits to DAPA beneficiaries would be about $1.3 trillion.
He further estimates that DAPA recipients would $7.8 billion each year once they have access to the refundable Earned Income Tax Credit (EITC) and the refundable Additional Child Tax Credit (ACTC). Further, the retroactive costs of the EITC and ACTC current IRS policy will allow amnesty recipients to claim up to three years of tax benefits for illegal work Rector expects to be as high as $23.5 billion.
The Heritage expert notes that DAPA eligible families are already able to claim certain welfare benefits such as food stamps, Medicaid, and Women, Infants and Children program (WIC) on behalf of their U.S.-born children...
(Excerpt) Read more at breitbart.com ...
Democrats paying for their future votes with our money.
bump
Oh yes! Absolutely.
Democrats paying for their future votes with our money.
If the electorate is unwilling to put you in power, just replace it with another.
The same trick will get used against them, with even more destructive results.
If the electorate is unwilling to put you in power, just replace it with another.
I certainly know Wisconsin can't afford a $26 billion price tag.
Why does the BB link always freeze my server? Go directly to the source to read all about it: http://www.heritage.org/research/reports/2013/05/the-fiscal-cost-of-unlawful-immigrants-and-amnesty-to-the-us-taxpayer
Knowing these coming costs, why then are some ‘conservative’ governors refusing to take a principled stand against the Chamber of Amnesty and demanding action NOW against the Cheap Labor Express that is running freely in their states?
I certainly know Wisconsin can’t afford a $26 billion price tag.
Thanks for the link :)
It truly is perplexing that Conservatives would shill for governors like this. For these faux-conservative governors, it’s all about money and power. You know it, I know it, but what can be done? Educate, Debate, Grassroot activism, Vote. And I cannot wait to vote for Cruz!
Join the NFIB, and let your local Chamber know that the National Chamber is about to cost them your membership. Like the Boy Scouts, the Chamber needs an enema at the national level.
I agree. I think at the local level conservatives can make the biggest impact on politics nationwide. Boycotts and buycotts are a very valuable tool in our political arsenal.
Thank God we can still enslave future generations in perpetual debt to pay for our stupidity.
Join the NFIB, and let your local Chamber know that the National Chamber is about to cost them your membership. Like the Boy Scouts, the Chamber needs an enema at the national level.
https://en.wikipedia.org/wiki/National_Federation_of_Independent_Business
The National Federation of Independent Business (NFIB) is a conservative lobbying organization with its headquarters in Nashville, Tennessee and offices in Washington, D.C. USA, and in all 50 state capitals. NFIB’s lobbying efforts are focused on the impact of current and proposed legislation on businesses (primarily small businesses) and professional practices at all levels of government, but primarily at the federal and state levels. Its political action committee is called Save America’s Free Enterprise Trust. The federation calls itself nonpartisan but historically has contributed more to business-friendly Republican candidates for office. NFIB claims a membership base of about 350,000....
Thank God we can still enslave future generations in perpetual debt to pay for our stupidity.
The better to redistribute the wealth, my dear......
Thank God we can still enslave future generations in perpetual debt to pay for our stupidity.
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