The Welfare Costs of Amnesty – Chump Change

Jon Fiscal Policies, Government, Health Care, Market Commentary, Socialism

It annoys me that we get stories like this. The Social Security costs of putting 4 million illegal immigrants onto the rolls of Social Security will cost taxpayers $2 trillion. This is an estimate by someone at the Heritage Foundation.
What we need is for this guy to study the size of the net unfunded liabilities for Social Security and Medicare. Prof. Lawrence Kotlikoff has used Congressional Budget Office figures – which the CBO now suppresses – to estimate the costs: over $200 trillion.
If the Heritage Foundation wanted to tell the truth, the researcher would hold his press conference and say this…

This post was published at Tea Party Economist on November 26, 2014.