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.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 212049061 -
Gray Television, Inc.