Senate immigration bill would lead to net savings of $135 billion
The Senate's sweeping immigration bill would significantly increase the size of the country's labor force and lead to net savings of around $135 billion over 10 years, the non-partisan Congressional Budget Office said in a report released on Wednesday.
If the bill became law, the CBO said the policies would lead to a net increase of 9.6 million people living in the United States. The Senate passed the immigration bill at the end of June but the fate of the legislation is unclear in the Republican-controlled House of Representatives.
Both chambers must pass the same legislation before it can become law.
- East-West Seed signs marketing collaboration with Monsanto
- How much corn can the ethanol industry use?
- USDA releases 2012 cash rents data report
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- Resistant weeds not controlled by fall residuals