GALEO applauds Center for American Progress Report on Economic Impact of Passing Immigration Reform for GA: In Georgia, the 10-year cumulative increase in GSP will be $44.1 billion

Jerry Gonzalez will be addressing the Oconee County Democratic Committee June 20 at Ashford on Main, 7 South Main Street, Watkinsville

Begin forwarded message:

From: "Jerry Gonzalez, GALEO" jerry@galeo.org
Date: May 20, 2013 1:09:40 PM EDT
To
Subject: Press Statement: GALEO applauds Center for American Progress Report on Economic Impact of Passing Immigration Reform for GA:  In Georgia, the 10-year cumulative increase in GSP will be $44.1 billion
Reply-To: jerry@galeo.org





GALEOsmall
 
GALEO applauds Center for American Progress Report on Economic Impact of Passing Immigration Reform for GA
In Georgia, the 10-year cumulative increase in GSP
will be $44.1 billion
Press Statement


Atlanta, GA - May 20, 2013 -Jerry Gonzalez, Executive Director of GALEO, released the following statement regarding the Center for American Progress report on the economic benefits to Georgia of passing bipartisan immigration reform:

"The State of Georgia can see real economic benefits by the passage of bipartisan immigration reform.  Our Congressional delegation should study the economic impact seriously in order to generate economic stimulus for our state and move towards finally fixing our broken immigration system. 

We look forward to working with our entire Georgia Congressional delegation and urge them all to move towards a workable and bipartisan solution on immigration reform.
"

### 

From Center for American Progress
For Immediate Release
May 17, 2013
Contact
Crystal Patterson, 202.478.6350, cpatterson@americanprogress.org 
  
CAP State-by-State Analysis Finds Economic Gains When Undocumented Immigrants Are Granted Citizenship
  
Washington, D.C. - A new report released today by the Center for American Progress found that comprehensive immigration reform, such as the proposed legislation recently filed by the Senate's bipartisan "Gang of 8," will lead to significant economic gains for numerous states, including states with the highest undocumented immigrant populations. The report, "National and State-by-State Economic Benefits of Immigration Reform," outlines how granting undocumented immigrants access to both legal status and earned citizenship will boost states' economic growth, earnings, tax revenues, and job creation-improving the lives of all Americans.
  
The report, a follow-up to CAP's March 2013 report tracking national economic gains resulting from immigration reform, calculates the economic benefits of 24 states that contain roughly 88 percent of the United States' undocumented immigrants. Across all of these states, the economic gains are significant. In California, for example, where approximately 2.5 million undocumented immigrants currently reside, immigration reform would lead to a $125.5 billion increase in the gross state product, or GSP, over a 10-year period. Furthermore, the state would see an additional $5.3 billion in tax revenues over a 10-year span and 18,200 new jobs created annually.
  
The state-by-state analysis also revealed:
  • All of the 24 states included in this study would experience a 10-year cumulative increase in GSP-ranging from $510 million to $144.6 billion-once immigration reform is enacted.
  • All 24 states would earn additional tax revenues exceeding $200 million over a 10-year period, while 10 of the states' additional tax revenues will surpass $1.3 billion.
  • Cumulatively, immigration reform will create an average 107,100 jobs annually in the 24 states included in this analysis.
With roughly 11.1 million undocumented immigrants currently living in the United States, providing these individuals legal status and a pathway to citizenship will yield significant economic benefits not just at the federal level but also within the states. The sooner we grant legal status and provide a pathway to citizenship to undocumented immigrants, the sooner all Americans will be able to reap these benefits.
  
  
To speak with an expert on this topic, contact Crystal Patterson cpatterson@americanprogress.org or 202.478.6350.
  

The Center for American Progress is a nonpartisan research and educational institute dedicated to promoting a strong, just and free America that ensures opportunity for all. We believe that Americans are bound together by a common commitment to these values and we aspire to ensure that our national policies reflect these values. We work to find progressive and pragmatic solutions to significant domestic and international problems and develop policy proposals that foster a government that is "of the people, by the people, and for the people."

  

How Immigration Reform Will Help Georgia's Economy
IMMIGRATION REFORM IN GEORGIA - JUST THE NUMBERS

Passing S. 744 will help Georgia's economy over 10 years by adding:
  • $44.1 Billion increase in GSP (Gross State Product)
  • $26.1 Billion increase in wages for state residents
  • 6,400 new jobs - annually
  • $2.4 Billion in additional taxes from immigrants
BACKGROUND:
On April 16, 2013, the Senate's "Gang of 8"-a bipartisan group of eight U.S. senators-filed the "Border Security, Economic Opportunity, and Immigration Modernization Act of 2013".   At the core of the bill is a provision that will provide a pathway to earned legalization and citizenship for the 11 million undocumented immigrants in America. The pathway to citizenship for these aspiring Americans will be neither short nor easy. Under the provisions of the bill, most undocumented immigrants will have to wait 10 years before they can apply for legal permanent residency-a green card. In addition, most will not be eligible for citizenship until at least 13 years after the bill is enacted.  Despite this long process, there are significant economic benefits to the U.S. economy and to all Americans when unauthorized immigrants acquire provisional legal status.  


IMMIGRATION REFORM HELPS THE ECONOMY: Opponents of reform falsely suggest that immigration reform will create a drain on the economy and hurt workers. In reality, immigrants help grow the economy and improve the economic standing of ALL workers, both immigrants and the native-born. Earning legal status and citizenship enables undocumented immigrants to produce and earn significantly more. These resulting productivity and wage gains ripple through the economy because immigrants are not just workers-they are also taxpayers and consumers. This consumption boosts business sales, expands the economy, generates new jobs, and increases the earnings of all Americans.

IMMIGRATION REFORM IN GEORGIA: Georgia will experience significant economic growth if immigration reform is passed. A new report from the Center for American Progress estimates the increases over 10 years in gross state product (GSP) as well as earnings, taxes, and jobs for these states if the Senate Gang of 8's bill is enacted in 2013.
  • In Georgia, the 10-year cumulative increase in GSP will be $44.1 billion.
  • The increase in the earnings of state residents will be $26.1 billion
  • Immigration reform will create an average of an additional 6,400 jobs annually.
  • In addition to these significant gains, undocumented immigrants themselves will experience significant increases in their income and pay more taxes to their states. In Georgia, over the 10-year period they will earn $21.8 billion more and pay an additional $2.4 billion in state and local taxes on these increased earnings.

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About Georgia Association of Latino Elected Officials (GALEO)

GALEO's mission is to increase civic engagement and leadership of the Latino/Hispanic community across Georgia.

CORE BELIEFS: Inclusive, Non-Partisan, Diversity, Responsive

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Jerry Gonzalez
Executive Director
404.745.2580
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Georgia Association of Latino Elected Officials (GALEO) | P.O. Box 29506 | Atlanta | GA | 30359

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