That source is a very right wing anti immigration group.
The
Center for Immigration Studies (
CIS) is an American anti-immigration think tank. It favors far lower immigration numbers and produces analyses to further those views. The CIS was founded by
historian Otis L. Graham alongside
eugenicist and
white nationalist John Tanton in 1985 as a spin-off of the
Federation for American Immigration Reform (FAIR). It is one of a number of anti-immigration organizations founded by Tanton, along with FAIR and
NumbersUSA.
Here are some of the CBO’s most striking predictions for the next decade:
- The U.S. labor force will grow by an extra 5.2 million workers, mostly because of increased immigration. They will boost the country’s Gross Domestic Product by a total of 2%.
- Immigrant workers will add an extra $7 trillion to the U.S. economy within the next decade and an extra $1 trillion in federal tax revenue.
- New immigrants will prevent the U.S. population from shrinking. They will be the source of all U.S. population growth by 2042.
That group is expected to generate $1.175 trillion in increased federal revenue in the 2024-2034 period and $270 billion in mandatory outlays and net federal spending for a net decrease of $897 billion in the federal deficit
An increase in immigration over the 2021–2026 period boosts federal revenues as well as mandatory spending and interest on the debt in CBO’s baseline projections, lowering deficits, on net, by $0.9 trillion over the 2024–2034 period.
www.cbo.gov
While there are always likely errors in any massive budget estimates. I would surely trust a non partisan report over the testimony given by known biased individual