During a meeting with the Congressional Hispanic Caucus yesterday, President Obama released a White House report highlighting the extensive economic benefits of comprehensive immigration reform – and the significant costs to our country and our economy of failing to act at this critical time.
America has always been a nation of immigrants, and throughout the nation’s history, immigrants from around the globe have kept our workforce vibrant, our businesses on the cutting edge, and helped to build the greatest economic engine in the world. However, America’s immigration system is broken and has not kept pace with changing times. Today, too many employers game the system by hiring undocumented workers and there are 11 million people living and working in the shadow economy. Neither is good for the economy or the country.
The Senate’s Border Security, Economic Opportunity and Immigration Modernization Act (S. 744) represents the best chance that our country has had in years to modernize our immigration system. The President urges the House of Representatives to take action and move this bill or similar legislation forward, and stands willing to work with all parties to make sure that commonsense immigration reform becomes a reality as soon as possible.
Economists, business leaders, and American workers agree – we must take advantage of this historic opportunity to fix our broken immigration system. At stake is a stronger, more dynamic, and faster growing economy that will foster job creation, higher productivity and wages, and entrepreneurship.
Download the full White House report: The Economic Benefits of Fixing Our Broken Immigration System