CBO: Immigration Bill Cuts Deficit

In a report released Tuesday, the Congressional Budget Office said overhauling the country's immigration system would decrease the federal budget deficit by $197 billion in the first decade. Adding new taxpayers to the rolls would overwhelmingly exceed any costs associated with increased border security and government benefits, according to the report. Between 2024 and 2033, the bill would reduce the deficit by $700 billion if it becomes law.