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08-23-2006, 07:15 PM #1
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Sensenbrenner statement on $127 billion cost of Senate bill
Sensenbrenner Statement on New CBO 10-Year Cost Estimate of $127 Billion for Reid-Kennedy Immigration Bil
WASHINGTON, Aug. 22 /U.S. Newswire/ -- House Judiciary Committee Chairman F. James Sensenbrenner (R-Wis.) today released the following statement after the nonpartisan Congressional Budget Office (CBO) released a report estimating the 10-year cost of the Reid-Kennedy immigration bill passed by the Senate at $127 billion:
"We are now just beginning to see a glimpse of the staggering burden on American taxpayers the Reid-Kennedy immigration legislation contains. Twenty-four-and-a-half billion dollars for the earned income and child tax credits. Medicaid costs of $11.7 billion. Social Security costs of $5.2 billion. Medicare costs of $3.7 billion. Food stamps costs of $2.4 billion. The list goes on and on. This new social spending -- in the hundreds of billions of dollars later on -- will all be paid for by U.S. taxpayers. Additionally, this CBO report actually underestimates the Reid-Kennedy costs because the millions of illegal immigrants provided amnesty will not become citizens and thus, eligible for all social benefit programs, until after the 10-year time frame reviewed by CBO.
"Providing a massive amnesty for millions of illegal immigrants -- over half of whom have an educational level of a high school degree or less -- is unfair, unwise and unaffordable. It's unfair to the millions of people playing by the rules, waiting patiently in line, trying to immigrate legally. It's unwise because it sends a message that the U.S. will condone, and in many ways, reward illegal immigration. And, the Reid-Kennedy amnesty is unaffordable because of the hundreds of billions of dollars in costs that will be shouldered by hard-working American taxpayers."
http://www.usnewswire.com/
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