Fact of the day for June 4, 2013: Immigration reform could lead to a $2.5 trillion dollar reduction in the federal deficit over 10 years. Thisstudy comes to us from the American Action Forum, a conservative think tank. This group sees the economic benefits of immigration reform and believes these facts should be included in the national discussion.
“It’s very important to recognize that this is a core economic policy decision,” Holtz-Eakin said in an interview. “Let’s acknowledge the value” of immigrants, he added.
Overall, the growth rate of real GDP would rise from 3 percent to 3.9 percent on average annually over the first 10 years, and per capita income would increase by $1,700.