Our nation is going broke, and now is not the time to increase burdens on American families.
The Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744)—commonly called the “Gang of Eight bill” after the eight Senators who came up with it, Charles Schumer (D-NY), Dick Durbin (D-IL), Robert Menendez (D-NJ), Michael Bennet (D-CO), John McCain (R-AZ), Jeff Flake (R-AZ), Marco Rubio (R-FL), and Lindsey Graham (R-SC)—includes amnesty for some 11 million unlawful immigrants. That amnesty would further burden taxpayers and weaken our fiscal situation. Congress should not rush to pass the bill without understanding the cost to the American taxpayer, especially when key research identifying and calculating those costs is nearly complete.
We have more than $12 trillion in public debt and tens of trillions of dollars more in unfunded obligations that we have no way to afford, thanks to promises made by past and present politicians. With this in mind, today’s political leaders must consider the fiscal impact of amnesty and a path to citizenship that would enable millions of unlawful immigrants to qualify for costly welfare and entitlement programs.
Simply put, what would this cost taxpayers, present and future? Would this make their burdens lighter, or double down on debt and unaffordable promises to be repaid by future generations?
Leaders from both parties have repeatedly failed to consider properly the long-term effects of their policies. That is why we are in such a predicament. For too many politicians, long-term thinking extends only to the next election, at most six years away. Unfortunately, the Congressional Budget Office (CBO), the legislative branch’s official scorekeeper, does not help much in this regard, as it often looks at costs for only the next 10 years.
Read the rest at The Foundry