Iimmigration bill to reduce deficit by $175 bn in 10 years

Iimmigration bill to reduce deficit by $175 bn in 10 years

30 June, 2013

The US immigration bill, which is awaiting passage by the Senate, will reduce the American budgetary deficit by USD 175 billion in 10 years, an independent Congressional report has said. The Congressional Budget Office, in its report, said the bill, if passed by the Congress in its present form and signed into a law, will save USD 197 billion in 10 years.

The report subtracts implementation cost of the bill, which is expected to stand around USD 22 billion. The bill, the CBO report says, will decrease …. Read full article at my daily career news blog.

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