This bill directs the Congressional Budget Office (CBO), working with the Council of Economic Advisers, to prepare and publish a study of the long-term (20–40 year) economic impact of immigration policies that were implemented and in effect beginning January 20, 2025. The study must be completed no later than the earlier of 180 days after the bill becomes law or the last day of the 119th Congress. The study must assess specific industry effects (public sector, service workers, farm workers, health care workers, and STEM retention), impacts on public safety and crime related to pervasive fear, immigration flows out of the country and demographic changes, effects on productivity and innovation, remittances, consumer spending and investment, GDP contribution, effects on small businesses, and effects on tax revenue at the Federal, State, and local level. The bill requires the Department of Homeland Security, the Bureau of Labor Statistics, and the Internal Revenue Service to share data with the CBO upon request.
If enacted, a public federal study would be produced that describes long-term economic effects of immigration policies beginning January 20, 2025. The CBO will collect data from DHS, BLS, and IRS to prepare the report. The bill itself directs only the study; it does not change immigration rules or authorize enforcement actions.
No publicly available information.
Proponents, as reflected by the bill text and title, want an official, public analysis of the long-term economic consequences of the immigration policies that began on January 20, 2025. The bill lists many areas they want examined, including industry impacts, public safety, migration flows, productivity and innovation, small businesses, and tax revenue.
No publicly available information.