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Snapshot 3:Thu, Jul 25, 2024 5:08:30 AM GMT last edited by Adam

US Govt. Report: Undocumented Immigrants Boost Economy

US Govt. Report: Undocumented Immigrants Boost Economy

Image copyright: John Moore/Staff/Getty Images News via Getty Images

The Facts

  • Based on an estimated increase of 1.7M 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 $897B decrease to the federal deficit.

  • This figure is based on projections that through their participation in the labor market, they will pay $788B in taxes, adding $387B in federal revenue through their general effect on the economy.

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