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Facts About H-1B Workers and the Innovation Economy
While widespread research documents a critical need for skilled workers in the United States to maintain and strengthen our innovation industry, myths exist in opposition to programs designed to help alleviate that shortage. In particular, the H-1B visa program for high-skilled foreign-born workers, primarily used for science, technology, engineering, and mathematics (STEM) fields, is a […]
Read MoreWhat 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 […]
Read MoreSenate Committee Mark-up Of Immigration Bill Begins With Border Security Amendments
The Senate Judiciary Committee’s mark-up of S. 744, the “Border Security, Economic Opportunity, and Immigration Modernization Act” put forward by the bipartisan Gang of 8 group of senators, began on Thursday in front of a packed hearing room and with all 18 committee members in attendance. Senators offered 32 amendments (out of the 300 filed), […]
Read MoreThe 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 […]
Read MoreSocial 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 MoreHow 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 […]
Read MoreLost in the Shadow of the Fence
The Important Economic Relationship of Mexico and the United States
Mexico is the United States’ third largest trading partner, after Canada and China, in terms of total trade in goods, while the U.S. is Mexico’s largest trading partner. As such, the economic ties of the U.S. and Mexico are significantly important to the economy and society in both countries. Further, the U.S.-Mexico border is not a static line drawn on a map, but a dynamic and ever-evolving place along which substantial daily interaction takes place. Yet the resounding refrain we repeatedly hear from some members of Congress is that building a 1,969-mile fence to separate us from one of our largest economic partners, and the eleventh largest economy in the world, is a key component to solving the issues presented by an outdated immigration system and a requirement that must be completed before moving forward with proposed immigration reforms. To be clear, there is a need for secure borders, but there is also a need for further streamlining and efficiently facilitating the daily cross-border flows of people, goods, and services important to the bi-national economic relationship of the United States and Mexico – an economic relationship the following facts highlight.
The United States and Mexico have an enormous trading partnership
Senate Immigration Bill Mark-Up: What to Expect
Tomorrow, the Senate Judiciary Committee will begin the long awaited mark-up of S. 744, the “Border Security, Economic Opportunity, and Immigration Modernization Act,” the 844 page bill designed to overhaul our broken immigration system. We can expect some genuine efforts to improve the bill from both sides, but we can also expect a lot of […]
Read MorePresident Obama’ Trip to Latin America Highlights Important Mutual Economic and Security Ties
President Obama spent three days last week traveling to Mexico as well as Costa Rica—his first second-term trip to Latin America. Mexico is the United States’ third largest trading partner, behind Canada and China, in terms of total goods, and the U.S. is Mexico’s largest trading partner. In addition, the largest share of immigrants who […]
Read MoreAdding 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.
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