Hopefully the House stops this bill dead in its tracks.
(CNSNews.com) – Depressed wages and a labor market filled with a large influx of new legal residents without a high school education could be the future under immigration reform, according to two Congressional Budget Office estimates issued within a month of each other.
Sen. Jeff Sessions (R-Ala.), the ranking member of the Senate Budget Committee, spoke about the economic costs on the Senate floor Thursday, before the bill passed on a vote of 68 to 32, with 14 Republicans joining Democrats in favor.
“I said for weeks that this flow of labor had no other reasonable impact but pull down the wages of American workers. What does CBO say? CBO said the same thing,” Sessions said, pointing to a chart. “This shows in 2025 wages coming back to catch up. But still, this shows if the bill hadn’t passed, we would have had more increased wages here and we would have had a different picture altogether.”