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CBO: DREAM Act Would Slash Deficit by $1.4 Billion Over 10 Years

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Estimate Underscores Why Popular, Common-Sense Measure Should Pass Congress Immediately

Washington – 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,” according to their analysis.

According to Frank Sharry, Executive Director of America’s Voice, “The new CBO estimate adds to what we already know.  The DREAM Act is an important means of strengthening our economy, bolstering our military, and upholding American values of community, opportunity, and hard work.  Both parties and both chambers of Congress should act to pass it immediately.”