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CBO Releases Two Analyses of the Senate’s Immigration Legislationblog post
CBO and the staff of the Joint Committee on Taxation (JCT) estimate that enacting S. 744 would generate changes in direct spending and revenues that would decrease federal budget deficits by $197 billion over the 2014–2023 period.      The Economic Impact of S. 744, the Border Security, Economic Opportunity, and Immigration Modernization Actreport
S. 744 would boost economic output—CBO projects—by 3.3 percent in 2023 and by 5.4 percent in 2033. Employment, investment, and productivity would increase, but average wages would be less than under current law until 2025. S. 744, Border Security, Economic Opportunity, and Immigration Modernization Actcost estimate
As reported by the Senate Committee on the Judiciary on May 28, 2013, including the amendments made in the star print of June 6, 2013 |
