Undocumented immigrants will boost economy, lower deficit, CBO says

The Hill ^ | 07/24/2024 | RAFAEL BERNAL

[ChicagoConservative27]

The growing undocumented immigrant population in the U.S. will lower the deficit by nearly a trillion dollars over the next decade, according to a study by the Congressional Budget Office (CBO).

CBO’s projections are based on the net sum of economic activity generated, taxes paid and benefits allotted to the immigrant groups included in the study.

The nonpartisan agency estimates a net population increase of 8.7 million such immigrants between 2021 and 2026, averaging an increase of 1.7 million people per year above the pre-2020 average annual net immigration of 200,000.

CBO based its projections on the economic effects that surge group of 8.7 million people is expected to have between 2024 and 2034.

[dynachrome]

How many yard workers do we need?

[MrRelevant]

Most will be on public assistance or working under the table jobs.... both stealing from hardworking Americans.

[Vaduz]

Congressional Budget Office like TV ads what doesn’t sell advertise more often.

[Eleutheria5]

Yuh. It’ll just lower wages for citizens so bad as to make the Joads take pity on them. But so long as “duh economy” gets “boosted,” and the deficit goes down, everything is dunky-hory.

[packrat35]

What utter horse$hit!

[Allegra]

🐂💩

[Churchillspirit]

LOL! Recirculating American Taxpayers’ money ?

[central_va]

GDP goes up a little and the per capita GDP goes down alot. Great.

[Eleutheria5]

Succinctly said.

[vivenne]

My brain hurts. A lot. But not as much as my heart.

[ken in texas]

These are the DEI hires that can walk and chew gum, but not at the same time.

[lepton]

There is only one reason why any country imports humans. The reason is to increase the labor supply and lower overall wages. That is the only reason PERIOD.

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Sometimes they import them as the products.

[yesthatjallen]

The Great Replacement.

[Elsie]

Undocumented immigrants will boost economy, lower deficit, CBO says

Why couldn't they do this at HOME??

[Elsie]

yup

[Bishop_Malachi]

Funny how immigrants never boost their own economy or make their own lands better.

___________________________________________________

Exactly! If they were such an asset their home country would be bending over backwards to keep them (or take them back).

[Opinionated Blowhard]

By getting government services while not paying taxes???

[Svartalfiar]

CBO’s projections are based on the net sum of economic activity generated, taxes paid and benefits allotted to the immigrant groups included in the study.

How do they generate economic activity? They literally remove a job from the economy. They often are cash under the table, so the only taxes they pay are sales taxes. And any benefits paid are literally dollars out of the government. How does that possibly reduce the deficit? If they paid 100% taxes on benefits, it would literally still not reduce the deficit...