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Recent wave of illegal immigration could net the federal government nearly $1 trillion, study says
San Antonio Express News ^ | 07/26/2024 | By Benjamin Wermund, Austin Bureau

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 ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Front Page News; Government; Political Humor/Cartoons; Politics/Elections
KEYWORDS: 000001absurdnumbers; 00001wokemath; agitprop; aliens; baldfacedliar; baldfacedlie; benjaminwermund; biden; bidenbordercrisis; bidenborderinvasion; bidenpolicyfailures; cbo; cheese; followthemoney; illegals; invasion; moose; narrative; sister
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legitimizing the illegals’ vote


21 posted on 07/26/2024 7:46:17 PM PDT by Gene Eric (Don't be a statist! )
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To: Responsibility2nd

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.


22 posted on 07/26/2024 7:47:10 PM PDT by dadgum (“”)
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To: Responsibility2nd

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...


23 posted on 07/26/2024 7:49:16 PM PDT by SuperLuminal ( Where is Samuel Adams when we so desperately need him)
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To: Responsibility2nd

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...


24 posted on 07/26/2024 7:49:50 PM PDT by Texan5 ("You've got to saddle up your boys, you've got to draw a hard line"...)
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To: Responsibility2nd

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.


25 posted on 07/26/2024 7:51:57 PM PDT by DaiHuy (I support LGBTQ. (Lets Get Biden to Quit.))
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To: ealgeone
Same stupid argument used for legalizing drugs.

 

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.

26 posted on 07/26/2024 7:52:17 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: crusty old prospector

All to shore up SS and Medicare, comrades.

_____________________________________________

When Demento Joe said in the Debate that he “beat Medicare” he actually let slip his agenda to do just that.


27 posted on 07/26/2024 7:54:02 PM PDT by Responsibility2nd (2 coups in less than 4 years. America is truly a first world Banana Republic.)
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To: goodnesswins

The CBO...got that far and knew it would be BS.


28 posted on 07/26/2024 7:57:31 PM PDT by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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To: Responsibility2nd
That's some funny stuff right there, folks.

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?

29 posted on 07/26/2024 8:02:01 PM PDT by meadsjn (, )
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To: Responsibility2nd

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?


30 posted on 07/26/2024 8:02:38 PM PDT by virgil (The evil that men do lives after them )
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To: Responsibility2nd

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.)


31 posted on 07/26/2024 8:14:34 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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To: goodnesswins

Total bullsh!t


32 posted on 07/26/2024 8:15:37 PM PDT by Gaffer
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To: virgil

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?


33 posted on 07/26/2024 8:16:13 PM PDT by hal ogen (First Amendment or Reeducation Camp??)
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To: goodnesswins
Recent wave of illegal immigration could net the federal government nearly $1 trillion, study says

Smoke, meet Ass

34 posted on 07/26/2024 8:26:34 PM PDT by chief lee runamok ( Le Flâneur @Large)
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To: Responsibility2nd

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.

___________________________________________________

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.


35 posted on 07/26/2024 8:37:46 PM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: Responsibility2nd

Come now, no one’s going to believe the cartels’ gross income should be added to the US bottom line!


36 posted on 07/26/2024 8:45:53 PM PDT by rx
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To: goodnesswins

only that they turn them into sausages or hamburger meat


37 posted on 07/26/2024 8:47:02 PM PDT by californian by choice
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To: Responsibility2nd


             
38 posted on 07/26/2024 8:52:33 PM PDT by tomkat
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To: Responsibility2nd

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.


39 posted on 07/26/2024 9:09:41 PM PDT by Pox (Eff You China. Buy American!)
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To: Responsibility2nd

The plot thickens. They will only cost everything we thought we had.


40 posted on 07/26/2024 9:13:44 PM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
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