Economic Impact of Immigration in California Could Result in $8B Gain
Date: July 24, 2013
Tom Blanton, IVN.us
July 24, 2013
One of the key factors California may consider in the latest immigration reform is its potential for economic gain. This potential was analyzed in a report out of the University of Southern California (USC).
According to this report, the Center for the Study of Immigrant Integration (CSII) and the Center for American Progress (CAP) have both released studies suggesting authorization and citizenship for undocumented immigrants would lead to improvements in the state’s economy.
CSII released a more conservative estimate in the potential economic boost from authorization and citizenship. Still, even this more conservative estimate suggests an annual average of almost $4.6 billion would be pumped back into California’s economy. The higher estimate from CAP proposes a potential annual boost of almost $8 billion.
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