Reply #59: 10.4 billion net loss.

[Cobalt Violet]

Just imagine where SS would be with that $10.4 billion

http://www.cis.org/articles/2004/fiscal.pdf


Social Security and Medicare. Although we find that the net effect of illegal households is
negative at the federal level, the same is not true for Social Security and Medicare. We
estimate that illegal households create a combined net benefit for these two programs in
excess of $7 billion a year, accounting for about 4 percent of the total annual surplus in
these two programs. However, they create a net deficit of $17.4 billion in the rest of the
budget, for a total net loss of $10.4 billion. Nonetheless, their impact on Social Security
and Medicare is unambiguously positive. Of course, if the Social Security totalization agreement
with Mexico signed in June goes into effect, allowing illegals to collect Social Security,
these calculations would change.