Immigration Annoucement
President Obama takes to Facebook to announce that he’ll make an announcement on immigration tomorrow night at 8pmET.
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In the boldest move on immigration policy of his presidency, President Barack Obama announced plans Thursday evening to dramatically increase deportation relief for an estimated 4.4 million undocumented immigrants. The executive action will protect parents, as well as those who came to the U.S. as children and others with long-standing ties to the country, from being forced out of their homes.
Current federal law holds that people who pay those taxes and are deemed “lawfully present” in the United States can collect benefits under those programs when they become eligible. They may also receive survivors and disability benefits.
“If they pay in, they can draw,” White House spokesman Shawn Turner said by email.
The timing of the editorial is ideal, with members of Congress just returning from recess. It comes as many conservative Republicans continue to claim that Obama has failed thus far to “lead” on entitlements or to otherwise address what they regularly argue, with a great deal of exaggeration, is a looming entitlements “crisis.”
Indeed, the Journal editorial says: “More generous immigration is a wise step toward solving the entitlement crisis in Washington.” It’ll be interesting to see how conservative lawmakers handle this one.
To read our Viewpoint on Immigration Reform and Social Security, please click here.
It has been more than four months since the Senate passed immigration reform. Each day the House delays immigration reform, millions of dollars are lost in tax revenues.
You can read our letter to Congress, asking them to pass Immigration Reform now, here.
Additionally, you can read our viewpoint on Immigration Reform and Social Security, here. Immigration reform is NOT a threat to Social Security.
4. Reform would extend the solvency of the Medicare trust fund by four years.
Medicare trustees project that the Medicare trust fund will be depleted by 2026. Immigration reform with a pathway to citizenship would extend the solvency of the trust fund by four years, as undocumented immigrants would go on the books and pay more in taxes. Similar to the long-term benefits of immigration reform to the Social Security system, undocumented immigrants over the next three decades would contribute a net $155 billion to the Medicare trust fund.
Furthermore, did you know: Comprehensive immigration reform is not a threat to Social Security.
Those opposed to immigration reform have attempted to use vital programs, like Social Security, as an economic excuse to avoid doing the right thing. The truth is, comprehensive immigration reform is not a threat to Social Security. In fact, earlier immigration reform proposals moderately strengthened Social Security’s financing, and the legislation under consideration today should do the same. By bringing undocumented workers out of the shadows of our economy and into its mainstream, immigration reform has the potential to strengthen Social Security and accelerate overall economic growth.
via NCPSSM.
Our View: Comprehensive immigration reform is not a threat to Social Security.
It is estimated that there are about 11 million undocumented workers in the United States today. These immigrants come to our country to work. They contribute to the economic health of our nation. They also make substantial contributions to Social Security through the payroll tax, even though neither they nor their families are eligible to receive benefits. The National Committee to Preserve Social Security and Medicare believes that bringing undocumented workers into our national family would be beneficial for the country and good for Social Security as well.
Our guiding principle in evaluating immigration reform proposals can be summarized in a single word: Fairness. Rules of eligibility for benefit programs should be neither more favorable nor more disadvantageous for immigrants who benefit from comprehensive reform. And contributions made by immigrants to Social Security’s earned-right benefits should, in time, lead to eligibility for benefits.
Comprehensive immigration reform is not a threat to Social Security. Earlier comprehensive reform proposals strengthened Social Security’s financing, and the bills under consideration today should do the same. By bringing undocumented workers out of the shadows of our economy and into its mainstream, immigration reform has the potential to strengthen Social Security and accelerate overall economic growth.
A bipartisan immigration bill pending in the Senate would strengthen the Social Security trust fund by adding millions of workers to tax rolls, and provide a boost to the overall economy, according to an analysis Wednesday by the Social Security Administration.
Read our Viewpoint on Immigration Reform and Social Security here.
Elizabeth Warren Says The U.S. Can ‘Save Social Security’ By Passing Immigration Reform:
During the follow-up Q&A session, Warren said she believes immigration reform is the key to “save Social Security" for Americans across the country.
via Huffington Post.
In fact, comprehensive immigration reform is not a threat to Social Security.
Legalizing immigrants would also support the solvency of the Social Security system during its period of greatest strain over the next three-and-a-half decades, as the Baby Boomers—America’s largest generation—retire and begin to claim their benefits. During this period newly legalized immigrants would add a total of $606 billion to the system, supporting 2.4 million American retirees.