Thursday, May 16, 2024

Immigration is the demographic savior too many refuse to acknowledge | The Hill

In terms of economic contributions, immigrants represent a diverse pool of talent and skills for our workforce, which in turn stimulates economic growth. 

In fact, according to the nonpartisan Congressional Budget Office, immigration will help bolster the U.S. economy by about $7 trillion over the next decade and generate approximately $1 trillion in federal tax dollars. Fiscal benefits are not limited to high-skilled immigrants on labor visas either; according to a new Department of Health and Human Services study, refugees and asylees alone made a net positive contribution of nearly $124 billion dollars to local, state, and federal tax coffers from 2005 to 2019...

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