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But if they are working for cash in hand, they aren't contributing back into the system.
And if they are also on welfare they are taking from the system.
Congressional hearing....determined each immigrant would be a $68K net DRAIN to the government.
Are you referring to legal immigrants or illegal ones or both combined?
Although I'm not a fan of the illegal immigration going on, I was surprised to see that the CBO indicated that immigration will add about $7 trillion over the next decade to the economy, even with a lot of the workers being lower skilled.
In 1993, the CBO predicted that the deficit would soar to $653 billion in 2003. This week, they said that same budget will be in surplus by $172 billion. Little of that $825 billion revision can be explained by legislation or luck. Nearly all of it reflects the magnitude of past forecasting blunders.
Errors are unavoidable, but perpetual bias is another matter. CBO errors always tilt in a specific direction. Aside from the first year of recessions, the CBO always exaggerates future budget deficits and underestimates surpluses.
Past forecasts often overstated deficits by huge amounts even for the current year — by $78 billion in 1992 and $102 billion in 1997. In early 1998, the CBO thought the next year’s surplus would be $2 billion, but it turned out to be $125 billion. Looking further ahead, CBO errors have been staggering. Next year’s budget, now estimated to be in surplus by $176 billion, had once been expected to show deficits of $579 billion (per the CBO’s 1993 forecast), $349 billion (1995 forecast), and $188 billion (1997 forecast)."
Well with their asylum application they are all "legal" now.
Biden used our laws to break the laws.
There are millions though that snuck into our country that haven't claim asylum and have lived here for years now. They may be working but they are still a net negative to our economy when you consider their social costs, etc. Many of them send billions out of our country back to their homelands that isn't spend in our economy.
There are millions though that snuck into our country that haven't claim asylum and have lived here for years now. They may be working but they are still a net negative to our economy when you consider their social costs, etc. Many of them send billions out of our country back to their homelands that isn't spend in our economy.
We know that but the government paints a rosy picture because they want them here.
This is from the Director of the CBO, with this LINK on their website.
That statement on their website isn't supported by what's in their own study. The study has its limits and probably has its flaws, but that statement on their website is absolutely ludicrous.
Last edited by TylerJAX; 02-17-2024 at 05:17 AM..
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