Economic Impact
Immigrants are essential to the U.S. economy, filling roles from high-skilled tech sectors to agricultural labor and driving economic growth. They also contribute to the tax base and consumer spending. We champion reform that will maximize this effect and create a more diverse and competitive workforce.
Experts from Left and Right Agree on Economic Power of Immigration Reform
In recent years, study after study has demonstrated a simple yet economically powerful truth about broad-based immigration reform: workers with legal status earn more than workers who are unauthorized—and these extra earnings generate more tax revenue, as well as more consumer spending, which creates more jobs. As a new report from the Center for American Progress (CAP) points out, this fact implies that states with appreciable unauthorized populations stand to gain economically from immigration reform that includes a legalization program for the unauthorized. Moreover, a new open letter to Congressional leaders released by the conservative American Action Forum illustrates that it is not only liberal advocacy groups like CAP which recognize the economic potential of immigration reform. Read More
How the Senate Bill Seeks to Deter Future Waves of Unauthorized Immigration
The Senate Judiciary Committee continues to consider amendments to Title II of the “Border Security, Economic Opportunity, and Immigration Modernization Act’’ (S.744) today. For many, Title II is the bill’s core as it deals with the legalization of the undocumented population already living here and lays out the rules concerning future immigration, among other issues. Read More
The W Visa: Why the Economy Benefits from A Robust New Worker Program
The Senate Judiciary Committee returns to its task of marking up S. 744 tomorrow, taking up, among other things, possible amendments to the W visa program for new nonimmigrant workers. This new program, blessed by both business and labor, is an effort to acknowledge the need for a more flexible system for meeting the demand for workers in certain occupations and industries that require less-skilled workers. At Tuesday’s hearing, several Senators challenged the idea that the American workforce needed to be supplemented with immigrant labor, but the evidence is overwhelming that there is both a need and an economic benefit to having a flexible and responsive program in place to bring in new workers where they are most needed. Read More
Day Two of Senate Immigration Mark-Up Continues With Temporary Employment Visas
On the second day of the Senate Judiciary Committee’s mark-up of S. 744, the “Border Security, Economic Opportunity, and Immigration Modernization Act,” the senators tackled most of the amendments to Title IV after finishing debate on a few border security amendments. The fourth section addresses the majority of non-immigrant temporary visas including those for high and less- skilled immigrant workers, entrepreneurship and innovation programs, as well as a range of miscellaneous visitor visas. Read More
What Do You Think About Immigration Reform?
As the Senate continues to shepherd a comprehensive immigration reform bill through the legislative process (day two of mark-up in the Senate Judiciary Committee begins tomorrow), it becomes clear how many issues are at stake in reform and how interconnected they are. It’s also overwhelming at times. That’s why the American Immigration Council is attempting to divide the issues into smaller discussions on our wiki, ThinkImmigration.org. Read More
The Important Role of Immigrants in America’s Innovation Economy
This week, the U.S. Senate Committee on Commerce, Science, and Transportation weighed in on immigration reform with a hearing on the role of immigrants in America’s innovation economy. Remarks from Sens. Rockefeller (D-WV) and Thune (R-SD) noted the contributions of immigrant innovators and entrepreneurs. Immigrants in the United States were named as inventors or co-inventors on 25.6 percent of international patent applications filed from the U.S. in 2006. Furthermore, temporary workers and permanent residents made contributions to over half of the international patents filed by several large, multi-national companies. Temporary and permanent foreign-born workers represent at least 24 percent of the nation’s scientists and 47 percent of engineers with doctoral degrees. Read More
Social Security Administration Says Immigration Reform Will Increase Tax Revenue, Boost Economy
Will the immigration reform bill create millions of jobs, boost GDP, and help balance the budget? A new report by the Social Security Administration says that it will, by putting undocumented immigrants on the tax rolls and allowing them to participate fully and legally in the U.S. economy. Read More
How to Accurately Estimate the Economic Impact of the Senate Immigration Reform Bill
One of the most important questions being asked about the Senate immigration reform bill (S. 744) is how it will impact the economy. There is already a broad consensus among economic experts that immigration reform would be a net economic benefit in terms of jobs, wage levels, tax revenue, and Gross Domestic Product (GDP). As reported in Politico on May 8, for instance, a new study by the Social Security Administration estimates that “by 2024, the immigration bill will have created 3.22 million jobs, and boost GDP by 1.63 percent.” However, the most widely awaited estimate is that of the Congressional Budget Office (CBO), which will soon be “scoring” the bill in terms of its fiscal consequences. Read More
Adding it Up: Accurately Gauging the Economic Impact of Immigration Reform
With immigration reform legislation now making its way through Congress, it is imperative that we estimate as accurately as possible the full range of potential economic costs and benefits associated with any particular bill. It is especially important to establish the proper criteria for a complete, robust, and accurate fiscal scoring of any bill by the Congressional Budget Office (CBO). To that end, we should consider the growing consensus of the economic literature on the strongly positive benefits of immigration in general and of the various aspects of immigration reform in particular, as calculated using a variety of different methodologies. The CBO would be well-advised to keep this consensus literature in mind as it establishes the criteria it will use for scoring immigration reform legislation. More and more research demonstrates the economic benefits of immigration reform. The last few years have witnessed a burst in economic research showing the strongly positive net impacts of immigration in general and comprehensive immigration reform (CIR) in particular. Broad agreement has emerged as to not only the net economic and fiscal benefits of immigration and CIR, but the acceleration of those benefits over time. Moreover, these conclusions have been arrived at in studies utilizing a variety of different methodological approaches. It is important to point out that each of these different approaches is limited by a focus on separate aspects of immigration reform (Table 1). A complete methodological framework accounting for all of the components of CIR produces the largest-scale benefits. Read More
Bloated Estimate of Legalization Costs Ignores Immigration Reform’s Broader Economic Benefits
Washington D.C. – Today, the Heritage Foundation released a report which attempts to assess the fiscal costs associated with legalizing the 11 million unauthorized individuals living in the United States. The new report is similar to a 2007 study, which was widely criticized at the time of publication and continues… Read More
America's story is an immigrant story.
