Immigration Growth: Examining the Financial Gains and Strains
A recent Congressional Budget Office report predicts a significant increase in immigration that could boost federal revenue by nearly $1 trillion over the next decade. A new brief by Bill King, John W. Diamond, and Joyce Beebe examines the federal budget benefits and potential state and local financial strains, while urging policymakers to focus on long-term economic growth and meaningful measures for standards of living beyond short-term GDP gains.
Bill King, John W. Diamond, Joyce Beebe September 19, 2024