Report Says Immigration Bill Cuts Deficit

By: Associated Press
By: Associated Press

WASHINGTON (AP) -- The Congressional Budget Office says a sweeping immigration bill before the Senate would cut deficits by $197 billion over 10 years.

The bill would add $262 billion in new spending and tax credits over 10 years, a sum more than covered by $459 billion in increased revenues, according to the report Tuesday by Congress' nonpartisan scorekeepers.

The bill would cut deficits by an additional $700 billion in the second 10 years after taking effect, CBO says.

Some 8 million people in the U.S. illegally would initially gain legal status under the legislation, according to the CBO analysis. That's compared with a population of about 11 million immigrants now in the country illegally.


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 212049061 - wbko.com/a?a=212049061