Obama Amnesty To Grant $1.7 Billion In Taxpayer Cash To Illegals | The Daily Caller:
"President Barack Obama’s November amnesty will give $1.7 billion in taxpayers’ cash to illegal immigrants, according to a congressional study.
The news emerged two days after top Republican leaders overcame GOP opposition to a 2015 budget bill that allows Obama to fund his unpopular amnesty for roughly 5 million illegals.
“The program could cost taxpayers $1.7 billion over 10 years, almost all of it in the first five years,” according to a report by the McClatchy Washington Bureau.
The rebates are allowed by the IRS’ interpretation of existing laws governing the Earned Income Tax Credit program, which was designed to subsidize low-wage employment in the United States.
...There’s little evidence that Democrats will end their prior support for sending taxpayers’ money to illegal immigrants.
...The Congressional Budget Office says the $1.7 billion payment to illegals will be offset by $20 billion in new taxes from legalized illegals.
However, that $20 billion in new taxes would be paid anyway if unemployed Americans were offered the jobs.
Also, a wide variety of other costly government aid programs — and the migrants’ relatively low level of productivity — could push the cost of Obama’s unilateral amnesty above $2 trillion during the net five decades, according to data published by the Heritage Foundation."
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