Do you think that granting legal status to immigrants will imporve the economy or put more of a drain on it?
A bipartisan Senate bill that would create a path to legal status for many of the 11.5 million undocumented immigrants in the United States could reduce deficits by $175 billion over the first 10 years and by at least $700 billion in the second decade.
That's according to an analysis released Tuesday by the nonpartisan Congressional Budget Office. The CBO, working with the congressional Joint Committee on Taxation, estimates that 8 million unauthorized residents would become legal in the first decade.
In addition, the report estimates the bill would boost the U.S. population by a net of 10.4 million people by 2023 and by 16 million by 2033.
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