March 28, 2024
Powerful CEOs demand DACA fix
Two titans of U.S. business have come together to demand that Congress find an immediate solution for DACA recipients, whose legal immigration status will come to an end in March without intervention.

Charles Koch, chairman and chief executive of Koch Industries, and Tim Cook, chief executive of Apple, wrote in an opinion piece published Thursday in The Washington Post that “we strongly agree that Congress must act before the end of the year to bring certainty and security to the lives of dreamers. Delay is not an option. Too many people’s futures hang in the balance.”

Dreamers is another term for participants in the Deferred Action for Childhood Arrivals program, which has protected undocumented young people who were brought to the U.S. as children and provided them with work permits.

President Donald Trump ended the DACA program in September although it will not begin to phase out until March, 2018.

His action put the ball in Congress’ court to find a long term solution for dreamers.

In their op-ed piece, the two CEOs note that both of their companies employ DACA recipients. “We know from experience that the success of our businesses depends on having employees with diverse backgrounds and perspectives. It fuels creativity, broadens knowledge and helps drive innovation.”

Koch Industries encompass a variety of companies including manufacturing and refining of oil and chemicals. Forbes Magazine lists Koch as the second largest privately held company in the U.S. Apple is the world’s largest information technology company, producing such familiar products as the iPhone and the Mac computers.

‘Firmly aligned’ on DACA issue

Koch and Cook are as different politically as their companies. Deeply conservative, Charles Koch has made significant financial contributions to rightwing causes and mostly Republican candidates. Tim Cook has been more bipartisan in his donations but did host a fundraiser for Democrat Hillary Clinton when she was running for president.

“We are business leaders who sometimes differ on the issues of the day,” the two concede in their piece. “Yet, on a question as straightforward as this one, we are firmly aligned.”

Congress seems unlikely to provide a DACA solution by the end of the year.

While some Democrats have remained firm in linking the spending legislation to a measure that would allow nearly 800,000 DACA immigrants to continue to work and study in the United States, the effort seems to have lost momentum. (Source: VOA News)

Legalizing ‘Dreamers’ would cost $26 billion: CBO

Legalizing 2 million illegal immigrant “Dreamers” would cost the government $25.9 billion over the next decade, as those now-legal people would claim more tax, education and other benefits they haven’t been able to get before, the Congressional Budget Office said Friday.

The CBO also said newly legalized Dreamers would sponsor 80,000 more immigrants to enter the country as part of “chain migration.”

Immigrant-rights activists have argued that legalizing Dreamers would be a financial boon to the country, but the CBO and the Joint Committee on Taxation suggested otherwise, saying that while they would pay somewhat higher taxes in to the government, they would take far more out of it.

The findings could be a blow to activists who have demanded the bill be included in any year-end spending deal. Congress already struggles to find offsets for other spending, and digging a hole more than $25 billion deeper could be difficult.

“In total, CBO and JCT estimate that changes in direct spending and revenues from enacting [the bill] would increase budget deficits by $25.9 billion over the 2018-2027 period,” the budget analysts said in their analysis.

The CBO said there are between 11 million and 12 million illegal immigrants in the U.S. now, and some 3.25 million of those would be eligible for the Dream Act.

Under the bill, anyone brought to the U.S. as a minor who has worked toward an education and kept a generally clean criminal record could apply for immediate legal status. Most of those would go on to be able to apply for citizenship eventually.

Of the 3.25 million eligible, about 2 million would actually apply, the CBO said, and 1.6 million of them would earn status over the next decade. Roughly 1 million would go on to become citizens within the decade, allowing them to sponsor other relatives to enter the U.S., analysts predicted.

Even people who can’t speak English would be able to qualify for tentative legal status because the educational requirements can be done in Spanish, the CBO said.

The new CBO report looked only at the taxes paid and benefits collected by Dreamers. It did not include a “dynamic” score looking at the costs and benefits once the effects on the economy are included.

Past CBO estimates of broader immigration legalization bills have done “dynamic” scoring, and those found legalizing migrants would be a positive factor in the near term because there would be more people working above board, paying taxes. (Source: The Washington Times)
Story Date: December 17, 2017
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