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Immigration Upswing Set To Cut Budget Deficit By $900 Billion Over 10 Years: Report

In its most detailed look yet at the impact of immigration on the U.S. economy and budget, Congress’ budget office estimated the recent increase in documented and undocumented immigrants would both boost the economy and trim the budget deficit.

Immigration continues to be a hot-button issue on the presidential campaign trail, with the Republican candidate, Donald Trump, promising to begin “the largest deportation operation” in the history of the country as soon as he’s sworn in.

But if the nonpartisan Congressional Budget Office is correct, restricting immigration could mean larger deficits and a worse economy ahead.

Meanwhile, the U.S. Border Patrol said last month thatdailyarrests at the southern U.S. border dropped by more then 40% in the three weeks since President Joe Biden took steps to limit asylum claims by migrants.

“It’s pretty clear, based on the economic numbers, that the Biden-Harris administration and their policies have had a dramatic benefit to the economy and immigrants play a huge part of that,” Rep. Pete Aguilar (D-Calif.), the caucus chairman for House Democrats, told HuffPost.

“A lot of our colleagues on the other side of the aisle decry immigration policies, yet their regions and industries that they appreciate benefit from immigrant labor,” he said.

The CBO report, released Tuesday, largely reiterated conclusions first disclosed by the office in June in a small portion of its budget and economic update. But while that discussion was limited to only a few pages, the new report is more extensive.

The report compares estimates of how the economy and budget would be impacted by immigration rising by 8.7 million migrants from 2021 to 2026, CBO’s current forecast, against how the economy and budget

Read more on huffpost.com