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This just in — a new Congressional Budget Office (CBO) estimate of the DREAM Act shows that the legislation would increase revenues by $2.3 billion in the 2011-2020 period. After accounting for spending:
CBO and JCT estimate that enacting the bill would reduce deficits by about $1.4 billion over the 2011-2020 period.
More analysis soon, but here is the full CBO report: