Immigration Reform Will Boost Economy, Many Americans Believe

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According to recent research, many Americans believe that immigration reform would be good for the economy and would bring significant nationwide benefits, the Huffington Post reported. 
Although 75 percent of Americans agree that granting undocumented immigrants a path to citizenship would be good for the economy, about half  are concerned the new status would take jobs away from other citizens, the report said.
If the immigration reform bill is signed in to law, it would create a path to citizenship for approximately 11 million undocumented immigrants.
According to a  recent report released by the non-partisan Congressional Budget Office, the bill would shrink the country’s deficit by $197 billion over the next 10 years and $700 billion over the following decade.
The Social Security Administration confirmed that granting citizenship to undocumented immigrants would also benefit the nation’s handle on other fiscal woes, such as social security, by adding more workers who would contribute payroll taxes to its capital.
Immigration reform will eventually create more jobs, due to the current trend of immigrants being more likely to start businesses and employ more workers, the report said. Additionally, immigrants are more likely to contend for jobs outside the low-wage sector, pulling back on competition.
(Photo by Getty via Huffington Post)
 


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