"CBO: Immigration Bill Will Reduce The Deficit Over The Next 20 Years"

[applegrove]

CBO: Immigration Bill Will Reduce The Deficit Over The Next 20 Years

by Brett LoGiurato at Business Insider

http://www.businessinsider.com/cbo-immigration-bill-score-deficit-reduction2013-6

"SNIP............................

The CBO said in its official scoring of the bill that it would reduce the deficit by $175 billion in its first 10 years of existence. Over the next decade, it would provide an additional $700 billion of deficit reduction.

That amounts to 0.2% of GDP.

If the bill becomes law, the CBO estimated that about 10.4 million people would come to the United States as new immigrants. And it would legalize about 8 million people who currently live in the country as unauthorized immigrants

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