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    CBO: Immigration Bill Cuts Deficit

    HOMESTEAD, FL - MAY 11:  Raul Pop holds a sign reading "11 million need a reform now!" as he and others participate in a rally calling on President Barack Obama to immediately suspend deportations and for Congress to pass an immigration reform that’s inclusive of all 11 million undocumented people in the U.S. on May 11, 2013 in Homestead, Florida. The rally is part of what is being called a rolling fast in different places throughout the nation over the course of the next two months to bring what organizers say is a moral, prophetic voice to the immigration debate.  (Photo by Joe Raedle/Getty Images)

    Joe Raedle/Getty Images

    In a report released Tuesday, the Congressional Budget Office said overhauling the country's immigration system would decrease the federal budget deficit by $197 billion in the first decade. Adding new taxpayers to the rolls would overwhelmingly exceed any costs associated with increased border security and government benefits, according to the report. Between 2024 and 2033, the bill would reduce the deficit by $700 billion if it becomes law.

    Read it at The New York Times