Immigration Bill to Reduce Deficit by $175 Billion in 10 Years

"The Congressional Budget Office also made clear that passage of the bill would not only reduce the deficit, it would increase economic growth for years to come.

By fixing our broken immigration system - and making sure that every worker in America is playing by the same set of rules and paying taxes like everyone else - we can grow the economy, strengthen middle class, improve our fiscal outlook and create new opportunity for Americans everywhere," he said.

"The bipartisan immigration reform legislation before the Senate will spur economy and reduce our deficit, and CBO's positive report is a green light to passage if Senators really believe in deficit reduction," said Senator Patrick Leahy, Chairman of the Senate Judiciary Committee.

Republican Senator Marco Rubio said the CBO has further confirmed what most conservative economists have found, that reforming the immigration system is a net benefit for economy, American workers and taxpayers.

"There remain some key areas that need to be tightened up to prevent those who have violated our immigration laws from accessing federal benefit programs.

But overall, the CBO report offers encouraging evidence that the status quo is unacceptable and we can end it without burdening our already burdened taxpayers and, in fact, reduce the deficit over the next 20 years," Rubio said.

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