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When Assessing Presidential Fitness, Consider Racism

Based on an estimated 8.7M undocumented, or illegal, immigrants per year from 2021-2026, a US Congressional Budget Office (CBO) report says the country will see an increase of $1.7T in federal revenue from 2024-2034 and a decrease in federal spending of $897B.

The Hill

This figure is based on projections that through their participation in the labor market, they will pay $788B in taxes and add $387B in federal revnue through their overal effect on the economy.

Regarding the children of immigrants who are born in America, the report says their access to welfare will increase total federal programs expenditures and debt interest by $300B over the ten year period, resulting in an additional $23B in mandatory spending in 2034.

Congressional Budget Office

Regarding the debt, the report states that while undocumented migrants will lead to a debt reduction of $4B from 2024-2028, their presense in the country will increase debt spending by $101B between 2024 and 2034.

As their labor participation leads to an $8.7T gross domestic product (GDP) over the ten years, including $1.3T in 2034, their payroll and income taxes will grow as their wage growth rate climbs to 3% by 2034.

Govt. Report: Undocumented Immigrants Help Economy

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Govt. Report: Undocumented Immigrants Help Economy

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