Congressman Holt Says Immigration Reform Could Boost NJ's Economy
By Julie Daurio, WBGO News
August 30, 2013
Congressman Rush Holt says Comprehensive Immigration Reform would be a benefit—not a drawback—to New Jersey’s economy.
Congressman Holt endorsed a new report from the Center for American Progress that predicts if Comprehensive Immigration Reform is passed, there will be a $50 billion cumulative increase to the state’s gross product over the next decade. Holt says the findings of the report have the potential to change the conversation surrounding immigration reform.
“This is not costly to our federal budget or to our economy—quite the opposite. And so whether it’s exactly the senate bill or something like it, there are real benefits culturally, socially, and yes, economically.”
The Comprehensive Immigration Reform Bill passed the Senate in June but still faces opposition from Republican Representatives in the House.
According to the report, there are more than 500,000 undocumented immigrants in New Jersey.