January 25, 2018
ICYMI: DACA Fiscal Impact Research, and Analysis of the U.S. Immigrant Investors Program
Last week the American Action Forum released research comparing the fiscal costs of DACA recipients to their direct and indirect contributions. See an excerpt from the DACA research below.
“AAF research estimates suggest that DACA recipients have a net positive fiscal impact of $3.4 billion each year and contribute nearly $42 billion to annual GDP. Failing to extend DACA protections would eliminate these benefits, and physically removing DACA recipients would impose an additional cost of between $7 and $21 billion.”
Click here to read the research.
Click here to view the related infographic.
Additionally, the American Action Forum recently released an analysis examining the EB-5 foreign investor visa program. While AAF’s research found thoughtful reforms should be considered to increase transparency, on the whole, the program has significant benefits. AAF’s Jacqueline Varas highlights the $20 billion economic contribution immigrant investors have made to the U.S. economy since 2008, $5 billion of which was in 2017 alone. Projects associated with EB-5 investments are estimated to have created over 174,000 jobs. The program is scheduled to lapse on February 8th if not extended by Congress.
Click here to read the analysis.