They are
earning something like $165 billion a year, and they are sending at
least $60 billion of that south of the border, about half to Mexico and
the other half to Central America, South America, and the Caribbean. So all of these are economic impacts. But the CIS, the Center for Immigration Studies, drew this estimate
that, should my bill, the New IDEA Act, H.R. 176, become law--and the
perfect place for it is in this tax policy--they estimate that it would
score at, the number would be, $25.4 billion a year. If we do a 10-year
estimate, that means a $254 billion score, a quarter of $1 trillion
poured into our budget at a time that we are cutting taxes and we have
a red ink tax policy--which I want to see passed, by the way. We have
got some solutions here, and I want to see those solutions become law.
Keywords matched
Immigration