The Senate’s comprehensive immigration reform bill would strengthen the U.S. economy by promoting job growth while decreasing the budget deficit, according to a White House report released Wednesday.
Immigration reform would increase real GDP by roughly $700 billion in 2023 and reduce the federal deficit by almost $850 billion over the next 20 years, the report found, citing Congressional Budget Office studies.
The report, authored by the National Economic Council, Domestic Policy Council, President’s Council of Economic Advisers and the Office of Management and Budget, coincides with President Obama’s push to drum up support for immigration reform among House Republicans.
Obama and Vice President Joe Biden are scheduled meet with members of the Congressional Hispanic Caucus on Wednesday, where they plan to discuss their efforts to pass immigration reform in the House.
