The immigration bill passed by the Senate would reduce illegal immigration into the U.S. by one-third to one-half, the Congressional Budget Office said today. Additionally, the legislation would reduce the budget deficit by $158 billion over 10 years and another $685 billion during the following decade because of taxes from newly legalized residents. The cash infusion would occur despite the bill’s increase in spending for enhanced border security.
Meanwhile, heightened security will prevent 800,000 unauthorized immigrants from crossing the border in the next decade. But it will cost about $36.6 billion, or roughly $45,750 per immigrant, National Journal‘s Niraj Chokshi reports.