On Monday, the Center for American Progress released a report detailing the economic benefits of passing the DREAM Act, federal legislation that would provide a pathway to citizenship for an undocumented youth who meet certain criteria. Nationally, the passage of the DREAM Act would add a total of $329 billion to the economy by 2030, assist in the creation of over 1.4 million jobs, and generate over $10 billion in additional revenue for the federal government according to the report.
This report confirms what immigration activists have been saying for years — immigration has a net benefit to society. When people come out of the shadow economy, they are more likely to stay employed, less likely to live below the poverty line, and more likely to plan for their financial future investing in homes, savings and businesses.
What distinguishes this new report from the Center for American Progress is that there is a state by state breakdown of the impact of passing the DREAM Act. For instance in California, the state with the largest number of DREAMers, there would be over $97 billion in total economic impact and over 300,000 jobs created by 2030. In Texas, another state with a large population of DREAM eligible youth, there would be over $66 billion in total economic impact and over 282,000 jobs created by 2030. The report also shows the potential increase in each state of college education attainment with and without DREAM Act passage to contrast where states will be if the status quo remains.