Immigration and Fiscal Policy
Debating whether immigrants will have a positive or negative effect on the United States’ economy, various political groups are arguing their viewpoints and analyzing a number of fiscal pros and cons that would stem from the passage of the immigration bill. The New York Times reports:
An overhaul of immigration law would reduce the federal deficit. That’s the conclusion of a broad range of studies, from the libertarian Cato Institute to the conservative American Action Forum to the liberal Center for American Progress. Wait, it would really increase the deficit. That’s the analysis of the Heritage Foundation and the Center for Immigration Studies. But hang on a second. Immigrants have little impact on the federal deficit. That’s what the Organization for Economic Cooperation and Development thinks.
Read more here.