Executive Action on Immigration Will Improve the Finances of Social Security and Medicare

[applegrove]

Executive Action on Immigration Will Improve the Finances of Social Security and Medicare

The Alliance for Retired Americans

http://retiredamericans.org/newsroom/press-releases/view/2014-11-executive-action-on-immigration-will-improve-the-fin

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“Not only would President Obama’s executive action protect 5 to 8 million aspiring Americans from deportation and extend the Dream Act, it would also help strengthen the Social Security and Medicare Trust Funds.

“According to the Center for American Progress, if 85% of undocumented workers were to pay Social Security payroll taxes, those workers would add $1.2 trillion into the Social Security Trust Fund during the 36 years when Social Security will be most affected by Baby Boomers’ retirements. (http://tinyurl.com/qctsjlj)

“Since the average undocumented worker today is 36-years-old, most immigrants will pay into the Social Security and Medicare systems for at least 20 years if given the chance.

“Furthermore, if 85% of undocumented workers contributed to Medicare, they would pay $253 billion into the Medicare Trust Fund over 20 years. Since Medicare is estimated to provide only $51 billion in Medicare Part A services during that time, undocumented immigrants’ net contribution to the trust fund over the next 20 years would be $202 billion. (http://tinyurl.com/ncrj9vy)





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[Kath1]

1. Thank you for making that point, applegrove.

The criticism, as I see it, is just the usual racist, Obama-hate, right wing crap we have come to expect. They don't let facts get in the way. I am glad President Obama acted on this issue.

[Igel]

2. Odd.

One of the points frequently made in support of immigration reform is that the millions of undocumented currently pay these taxes but cannot collect. This is an unfair subsidy that must be rectified.

Or is it the case that they don't pay and the immigration reform advocates have been lying? (Or possibly just saying falsehoods out of stupidity and ignorance?)


Yes, the truth is in between. Where, exactly, is something I don't know--99% of the way from one to the other, nearer to 50% of the way, or something else. But with both sides making diametrically-opposed-yet-broad-sweeping generalizations in defense of the same position, it is curious. I'm being asked to accept that A and not-A are both equally true.

[applegrove]

3. I wonder if the CBO would do a study on those numbers?

[FogerRox]

5. Dont illegal immigrants work off the books

[FogerRox]

4. That assumes

5-8 million on the books jobs are created