Obama: Immigration Reform Would Add $1.4 Trillion in Economic Growth

‘Business leaders, to faith leaders, to law enforcement’ all support immigration reform, Obama says

OBAMA: "Number two, we should finish fixing the job of -- let me say that again, number two, we should finish the job of fixing our broken immigration system. There's already a broad coalition across America that's behind this effort of comprehensive immigration reform, from business leaders to faith leaders, to law enforcement. In fact, the Senate has already passed a bill with strong bipartisan support that would make the biggest commitment to border security in our history, it would modernize our legal immigration system and make sure everyone plays by the same rules and make sure that folks who came here illegally would have to pay a fine, pay back taxes and meet their responsibilities and that bill's already passed the Senate. And economists estimate that if that bill becomes law our economy would be 5 percent larger two decades from now. That's $1.4 trillion in new economic growth. The majority of Americans think this is the right thing to do."

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