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How 40 Million Immigrants Create Housing Wealth and Stabilize Communities
View the interactive map of the findings. New research by Americas Society/Council of the Americas (AS/COA) and Partnership for a New American Economy (PNAE) finds that the 40 million immigrants in the United States have created $3.7 trillion in housing wealth, helping stabilize less desirable communities where home prices are declining or would otherwise have […]
Read MoreHow 40 Million Immigrants Create Housing Wealth and Stabilize Communities
View the interactive map of the findings. New research by Americas Society/Council of the Americas (AS/COA) and Partnership for a New American Economy (PNAE) finds that the 40 million immigrants in the United States have created $3.7 trillion in housing wealth, helping stabilize less desirable communities where home prices are declining or would otherwise have […]
Read MoreHow 40 Million Immigrants Create Housing Wealth and Stabilize Communities
View the interactive map of the findings. New research by Americas Society/Council of the Americas (AS/COA) and Partnership for a New American Economy (PNAE) finds that the 40 million immigrants in the United States have created $3.7 trillion in housing wealth, helping stabilize less desirable communities where home prices are declining or would otherwise have […]
Read MoreA Guide to S.744: Understanding the 2013 Senate Immigration Bill
This guide to provide policymakers, the media, and the public with an easy-to-understand guide to the main components of S. 744 and the purpose behind them.
Read MoreFor Indian engineers, H-1B visa is key to career growth
Rama Lakshmi, The Washington Post BANGALORE, India — For the past three years, 32-year-old Jagadish Kumar has worked in India testing software systems before they are installed in slot machines in American casinos. Now the curly-haired, round-eyed Indian software engineer is weeks away from appearing for a U.S. Consulate visa interview — the final step […]
Read MoreIntro: Demographics
A young, diverse population is a more dynamic population. The aging U.S. population and the current U.S. birth rate make it clear that immigration will be a critical part of revitalizing the American workforce. Recent immigrants are, in general, younger than the rest of the population. The U.S. Census Bureau reports that roughly 80 percent […]
Read MorePress Release: New Data Show Immigration Added $3.7 Trillion to U.S. Housing Wealth
Analysis of U.S. Census Data by Americas Society/Council of the Americas and the Partnership for a New American Economy Finds That Immigration Helped Stabilize Communities Where Home Prices Have Declined Americas Society/Council of the Americas (AS/COA) and The Partnership for a New American Economy today released new data from the U.S. Census showing that the […]
Read MoreImmigrants Boost U.S. Economic Vitality through the Housing Market
View the interactive map of the findings. New research by Americas Society/Council of the Americas (AS/COA) and New American Economy (NAE) finds that the 40 million immigrants in the United States have created $3.7 trillion in housing wealth, helping stabilize less desirable communities where home prices are declining or would otherwise have declined. Evidence already […]
Read MoreImmigrants Boost U.S. Economic Vitality through the Housing Market
View the interactive map of the findings. New research by Americas Society/Council of the Americas (AS/COA) and New American Economy (NAE) finds that the 40 million immigrants in the United States have created $3.7 trillion in housing wealth, helping stabilize less desirable communities where home prices are declining or would otherwise have declined. Evidence already […]
Read MoreThe Power of Reform: CBO Report Quantifies the Economic Benefits of the Senate Immigration Bill
According to the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT), the fiscal and economic effects of the Senate immigration reform bill (S. 744) would be overwhelmingly positive. If enacted, the bill would help reduce the federal budget deficit by approximately $1 trillion over 20 years, would boost the U.S. economy as whole without negatively affecting U.S. workers, and would greatly reduce future undocumented immigration. These are the conclusions laid out in three reports released in June and July 2013. On June 18, the CBO issued two reports on the version of S. 744 that was reported out of the Senate Judiciary Committee on May 28. The first one analyzes (or “scores”) the fiscal impact of the bill over the next 20 years and the second one focuses on the impact that some aspects of the bill would have on the U.S. economy. On July 3, the CBO issued a revised score on the version of the bill that passed the Senate on June 27. This version includes the Corker-Hoeven “border surge” amendment, which calls for a significant increase in border-enforcement spending.
What is a CBO score and what are its main implications?
Nearly every bill that is approved by a full committee of either house of Congress is subject to a formal cost estimate by the CBO. The report produced as a result of this analysis is known as the CBO “score.” The purpose of this analysis is to aid in economic and budgetary decisions on a wide assortment of programs covered by the federal budget. In general, the CBO estimates what the net fiscal impact of a bill would be, considering both the costs and the benefits associated with its implementation.
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