Social Security Boom From Immigrants

The Social Security Administration claims that the immigration bill passed by the Senate would help add almost $300 billion in revenue over the next ten years. The Social Security Administration's chief actuary, Stephen Goss, says he believes the net gain will stay around for as long as 75 years out because of immigrants.

However, the immigrants that will be putting so much money into Social Security will eventually be taking that money out, as well. That's the trouble with trying to predict such long-term plans. Goss's estimates are based on a lot of assumptions, says Paul N. Van de Water, a senior fellow at the Center on Budget and Policy Priorities.

Economists who have studied the issue tend to agree that immigration is better, though the effect isn't as drastic as the Social Security Administration claims.

Read the entire article at NYTimes.com