Immigration reform would be a powerful instrument for economic revitalization as the U.S. economy continues to recover from the recession, according to an analysis from the Bipartisan Policy Center (BPC). The MacArthur-supported study assesses the economic and budgetary costs and benefits of varying policy frameworks for immigration reform, finding that it has the potential to significantly increase the number of young, working-age people in the economy. This influx of labor would spur economic growth, reduce federal deficits, help the housing sector, and mitigate the effects of an aging population. By contrast, preventing unauthorized immigration without providing replacement labor would cause severe damage to the economy.
