Thursday, April 11, 2013

Expanded immigration would reduce the federal deficit, some conservatives say

This new report has said the same thing many people say; immigration helps the economy.  - - Donna Poisl

By Jim Tankersley

Conservative champions of opening the flow of legal immigration into the United States are invoking economics in hopes of winning Republican lawmakers’ support — specifically, the idea that more immigration will increase growth and cut the federal budget deficit.

The American Action Forum, a conservative think tank, will release an analysis on Tuesday that projects that an overhaul of immigration laws could boost gross domestic product growth by a percentage point each year over the next decade. That growth would produce tax revenue that would reduce federal deficits by a combined $2.5 trillion, according to the group’s president, the economist Douglas Holtz-Eakin.
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