House Democrats have unveiled their response to Rep. Paul Ryan’s GOP budget, and it relies on a $1.5 trillion in new revenues over the coming 10 years and the economic benefits of immigration reform to make the numbers work.
The plan by Maryland Democrat Chris Van Hollen counts on about $500 billion in tax revenues from an influx of immigrant workers to help produce deficits in the $600 billion range by 2024. The measure also embraces President Barack Obama’s call for additional infrastructure spending, early childhood education, and additional jobless benefits for the long-term unemployed.
Ryan’s plan ekes out a balanced budget by 2024 by repealing the Affordable Care Act’s coverage provisions and cutting spending across a wide swath of the federal budget. Both plans face votes this week.
(AP)
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5 Responses
its a lot more plausable to save than to have “expected revenues” based on who says these illegals will get jobs instead of opting for benefits (food stamps, welfare, obamacare)
Ryan’s budget is a complete fraud. On the one hand he wants to repeal the Affordable Care Act. On the other hand, he counts $700 in medicare savings towards his budget, savings that only exist because of the Affordable Care Act.
$700 billion, not $700.
Charlatan,
Why do you socialists feel that every dollar WE THE PEOPLE earn belongs to government? GET YOUR GRUBBY HANDS OFF MY MONEY!
“500 billion in tax revenue from an influx of immigrant workers.”
Lol. Yes I’m sure those guys from south of the border hanging out in home depot parking lots looking for work are withholding fed taxes and FICA from their earnings.