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.
- Farmland price outlook in 2014 and beyond
- Climate change to cut South Asia's growth 9% by 2100
- Tumbling livestock quotes led ag commodites lower Wednesday
- As risk of drought rises, Australian farmers struggle to invest
- Soybean aphids make an unusual appearance
- Livestock futures led most ag markets lower Wednesday morning
- Suspected Bt corn rootworm resistance in Pennsylvania
- No El Niño in 2014? Drought-weary California in trouble
- BioNitrogen to build second fertilizer plant in Texas
- Soybean aphid numbers on the rise
- Commentary: Setting the record straight on 'Waters of the U.S.'
- FCC aims to offer high-speed internet to rural America