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Keyword: gailrussellshaddock

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  • Immigration Bill Sticker Shock (Senate Shamnesty Entitlement Costs Tip Of Iceberg Alert)

    08/28/2006 2:00:36 AM PDT · by goldstategop · 37 replies · 1,199+ views
    Frontpagemag.com ^ | 08/28/06 | Gail Russell Shaddock
    WASHINGTON – The price tag for comprehensive immigration reform was not a key issue when the Senate passed its bill last May. But it is now. One reason: It took the Congressional Budget Office (CBO) - the gold standard for determining what a bill will cost - until last week to estimate that federal spending for this vast and complex bill would hit $127 billion over the next 10 years. At the same time, federal revenues would drop by about $79 billion, according to the CBO and the Joint Committee on Taxation. If lawmakers fix a tax glitch, that loss...