Posted on 07/26/2024 7:24:44 PM PDT by Responsibility2nd
The CBO estimates the immigration surge will create $1.2 trillion in federal revenue over the next decade, mostly from income taxes and spending by the estimated 8.7 million migrants living in the U.S. during that time.
The recent surge in migration across the southern border could help slash the federal deficit by nearly $1 trillion over the next decade, according to a recent report by the nonpartisan Congressional Budget Office.
The CBO estimates the immigration surge will create $1.2 trillion in federal revenue over the next decade, mostly from income taxes and spending by the estimated 8.7 million migrants living in the U.S. during that time. Those same migrants would cost the federal government just $300 billion in health care and other costs, according to the estimate, bringing the net benefit to $900 billion.
The new study builds on an extensive body of research showing immigrants are a boon to the economy, especially at the federal level. Immigrants have federal taxes withheld from their paychecks, and pay sales tax, property tax and more.
But it includes one big caveat: the total doesn’t factor in the costs of border crossings to state and local governments, which in some cases have spent heavily to accommodate the massive influx of asylum seekers.
(Excerpt) Read more at expressnews.com ...
legitimizing the illegals’ vote
Such BS.
Those lawbreaking illegal shitstains will cost the citizens of the USA a magnitude of order greater than what they may contribute.
FKK Joe Biden, KneePads Harris, and their handlers/enablers.
MAGA!!! FIGHT! FIGHT! FIGHT!
May all the Deep State traitors be exposed, judged, and if found guilty - executed - by firing squad.
More communist propaganda...
Most of the money earned by the migrant invader vermin (MIVs) is wired back to the home country, untaxed...
Insinuate or state that there will be trillions in accrued economic benefit is stark raving lunacy!
What about the horrendous hit our economy, culture, and safety takes with these 60-million disease-ridden MIVs inside the walls...
Education-Bankrupted...
Healthcare-Bankrupted...
Safety-Bankrupted...
Ay, por favor-esta mierda otra vez? they’ve been trying to sell us this lie about mojados being such good productive people who just want to work, etc ever since W was in office-and it is still not true-mojados are freeloaders, and if they work it is under the table, paying no taxes while they deprive legal immigrants and America citizens of jobs by working cheap-and they get a Lonestar/EBT card and subsidized housing as well. And many of them are criminals-they certainly don’t pay taxes. This Hispanic despises mojados-I don’t know anyone who does not. Liberals have got to be either stoned or mentally ill to continue to take this bait-they need to step away from the koolaid...
so it would save 1T of the next 10 yrs, while the interest rate on the current debt is 658 B per year so over 10 yrs we only pay 5.58 T in interest. What a deal.
True. They used to claim the tax revenue from selling dope to dopes would financially benefit the state.
10 years on we still have a War on Drugs, still have illegals bringing in drugs and selling them at a lower cost than legal drugs, and we now have doped out idiots lowering the social, moral and economic levels of these dopey states.
All to shore up SS and Medicare, comrades.
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When Demento Joe said in the Debate that he “beat Medicare” he actually let slip his agenda to do just that.
The CBO...got that far and knew it would be BS.
They brought nothing. They get handouts before, during, and after they get here (out of our tax dollars).
If they start out with freebies, what incentive will they have to produce?
Well, that’s just bully for the federal government. They’ll have more money to launder to enrich themselves. How does that help the rest of us?
Of course, taxes on the sales of perpetual motion and time travel machines will add to the take (not to mention contributions from Santa, the Easter Bunny and the Tooth Fairy.)
Total bullsh!t
The cbo employees are ensuring us all that government employees for the most part are agenda driven nitwits who should be immediately rifled. Have they no shame?
Smoke, meet Ass
The recent surge in migration across the southern border could help slash the federal deficit by nearly $1 trillion over the next decade, according to a recent report by the nonpartisan Congressional Budget Office.
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I don’t know why I tell myself that no one can lie so brazenly as MSM sources and still get away with it in this day and age. And yet they do continue to lie with increasing audacity.
Come now, no one’s going to believe the cartels’ gross income should be added to the US bottom line!
only that they turn them into sausages or hamburger meat
The handouts and subsidies to these illegal aliens, along with the inflation it creates, far outstrips the meager claim made here.
These liars need to be out of a job and ignored. Legal propaganda from our own government being used against us.
The plot thickens. They will only cost everything we thought we had.
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