The Cost of Inaction on Immigration Reform
On June 27, the Senate passed a comprehensive immigration bill, S. 744, and created an opportunity to dramatically improve the fiscal and economic health of our country. The nonpartisan Congressional Budget Office, or CBO, has estimated that S. 744 would reduce our deficit by $135 billion over the first 10 years, generate millions of new jobs, and boost our economy. But while our economy stands to gain significantly from fixing our broken immigration system, each day the House fails to pass immigration reform is another day of missed economic opportunities.
In the four months since the Senate passed S. 744, we have already missed out on a net $4.9 billion in additional tax revenues.* With each additional day that passes, another $37 million in revenue is lost. There is no denying the powerful impact that immigration reform could have on our economy. But the clock is ticking. Each minute that the House waits to pass immigration reform is another minute we are losing out on the economic benefits of reform. The cost of inaction is too high for the House to postpone immigration reform any longer.
* Note: These are CAP’s estimates based on CBO’s score of S. 744 as passed by the Senate.
To speak with our experts on this topic, please contact:
Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or email@example.com
Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or firstname.lastname@example.org
Print: Allison Preiss (economy, education)
202.478.6331 or email@example.com
Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or firstname.lastname@example.org
Print: Chelsea Kiene (women's issues, TalkPoverty.org, faith)
202.478.5328 or email@example.com
Print: Beatriz Lopez (Center for American Progress Action Fund)
202.741.6255 or firstname.lastname@example.org
Spanish-language and ethnic media: Rafael Medina
202.478.5313 or email@example.com
TV: Rachel Rosen
202.483.2675 or firstname.lastname@example.org
Radio: Sally Tucker
202.481.8103 or email@example.com