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The $4 Trillion Opportunity: Comprehensive Immigration Reform

by Mahwish Khan on 02/03/2010 at 3:15pm

The President announced his budget Monday, sending many members of Congress into an angry frenzy over $3.83 trillion that Obama had allotted for an array of programs – mostly to fight growing unemployment and strengthen our weak economy.

But some members of Congress — many of the same who are complaining over the “huge” deficit– are trying to keep this big secret under wraps:

There is a $4.1 trillion choice in Washington. We did the math, and put simply:

Comprehensive Immigration Reform = $1.5 trillion increase in GDP over 10 years

Mass Deportation = $2.6 trillion loss in GDP over 10 years

How’s that, you ask?

A new report called “Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform,” by the Immigration Policy Center and the Center for American Progress shows that a policy of comprehensive immigration reform would grow U.S. GDP by 0.84 percent over 10 years, or a cumulative $1.5 trillion.

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