The Bipartisan Policy Center (BPC) released a study of the economic and budgetary impacts of varying policy frameworks for immigration reform. Leading economists discussed the findings and the role of immigration reform in economic growth during a panel at the U.S. Chamber of Commerce.
At the heart of the ongoing immigration reform debate is the question of the anticipated costs and benefits of reform. Assessing the impact of the various reform proposals on economic growth, wages, housing markets and the federal budget is critical to making an informed judgment as to whether enactment of reform legislation is in the best interest of the country.
The panel is part of a larger event organized by the U.S. Chamber of Commerce; Partnership for a New American Economy; Bibles, Badges and Business; and FWD.us. The panelists addressed the paper and other economic analyses in this debate.
Other groups have chosen to conduct modeling by excluding important factors, such as tax revenues, economic growth and the impact of government spending. This report aims to produce a more complete and balanced assessment of immigration reform’s economic and budget impacts. BPC partnered with Macroeconomic Advisers, LLC to examine these impacts of reform proposals in the Senate immigration bill, as well as five alternate scenarios.
Visiting Scholar, Brookings Institution
Former Associate Director for Health Programs, Congressional Budget Office
President, American Action Forum
Former Director, Congressional Budget Office
Senior Managing Director and Co-founder, Macroeconomic Advisers, LLC
BPC’s Director of Immigration Policy