SAVE ACT would cost US $40 Billion

To put it in context, that's just $10 Billion more than a year of universal health care according to a report on Presidential Candidate Barack Obama's Health Care proposal.

The Congressional Budget Office Report gets even scarier when you look at where that $40 billion dollars comes from.  Over $17 billion of it comes from lost taxes over the course of the next 10 years. 

According to the CBO, the $1.73 billion dollars a year will be gone because the immigrant workers who are paying taxes now would be moved underground.  The report is essentially admitting that the SAVE Act would not end the employment of illegal immigrants, it would instead move them further off the books and cost the US more money.

Unless the US does something about the pool of legal workers, we can never expect an enforcement-only solution to fix our problem. 

Posted on Tuesday, April 08 | Permalink