CBO: Senate Immigration Bill Would Cut Deficits By $200 Billion
"The immigration bill under consideration in the Senate would reduce federal deficits by nearly $200 billion over the next decade, and continue generating savings in the years beyond, even after millions of new citizens became eligible for health-care and welfare benefits, congressional budget analysts said Tuesday.
The long-awaited report by the nonpartisan Congressional Budget Office marked a major victory for the bipartisan “Gang of Eight” senators who have spent months negotiating the details of the measure. Although some conservatives say the bill would cost the nation billions of dollars, CBO analysts concluded the opposite, undercutting a potentially powerful argument against the measure." -