Posted on 06/18/2013 5:14:17 PM PDT by Oldeconomybuyer
About 8 million immigrants living unlawfully in the United States would initially gain legal status under sweeping legislation moving toward a vote in the Senate, the Congressional Budget Office said Tuesday, adding the bill would push federal deficits lower in each of the next two decades.
The eagerly awaited report by Congress' non-partisan scorekeeping agency said the legislation would increase federal spending in the form of benefits for those gaining legal status, but those expenses would be more than offset by a rise in the labor force, increasing revenues.
(Excerpt) Read more at cbsnews.com ...
Maybe. More likely, it is “garbage in - garbage out.”
The CBO has been given numbers that assume that the illegals will automatically accept taxation of what they have been getting paid under the table and will pay back taxes on what they have earned.
We know how likely that really is.
The SAME analysts that said 0bamascare would lower the deficit and reduce the cost of healthcare - TOTAL BS IN CASE YOU DIDN’T GUESS!
This stuff tastes awful. I wish they would stop feeding us this Bullshyt.
“Hmmm do they really need a CBO ?”
Seems outdated, no one in Washington is interested.
Yeah, sign up Central and South America for Obamacare—think how much we’d save. You just can’t make this stuff upp.
If anyone believes that I proffer for sale, at par value, shares in a stock company engaged in the construction of a suspension bridge linking the cities of Brooklyn and New York.
Well said!
Immigration reform will stop global warming.
Immigration reform will save the whales.
Immigration reform will save the rainforest.
“...by Congress’ non-partisan scorekeeping agency....”
Hahahahahahahaha!
Oh, thanks, I needed a good laugh.
“Non-partisan” yurass.
Total nonsense.
63 page cost estimate:
http://www.cbo.gov/sites/default/files/cbofiles/attachments/s744.pdf
22 page economic impact estimate:
http://www.cbo.gov/sites/default/files/cbofiles/attachments/44346-Immigration.pdf
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