President Barack Obama has stated that immigration reform is second only to health care as a necessary part of his agenda to revive the nation’s economy (see Story).
Now, a report by UCLA professor Raul Hinojosa-Ojeda, which was released by the Immigration Policy Center and the Center for American Progress this month, makes the economic case for comprehensive reforms that would include legalization programs for 12 million or more unauthorized immigrants in America.
The report, Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform, asserts that:
- Immigration reform would add roughly $1.5 trillion to American GDP over 10 years by providing legislative pathways to better jobs with higher incomes.
- The higher earning power of newly legalized workers would mean increased tax revenues of roughly $5 billion in the first three years.
- Higher personal incomes would generate increased consumer spending – enough to support 750,000 to 900,000 jobs in three years.
- Past experience has shown that legalized workers open bank accounts, buy homes and start businesses soon after legalization.
The study bases many of its conclusions on an examination of what happened after the passage of the Immigration Reform and Control Act of 1986, which granted legal status to 3 million previously unauthorized immigrants.
If you are a business seeking to employ foreign nationals or an immigrant seeking to enter the United States legally, or if you just want to know more about possible pathways to citizenship, which many call an Amnesty Program, contact our office at (847) 564-0712 or check out our website.