In a study released on Oct. 1 by the Center for American Progress and New American Economy, there would be 1.4 million jobs and add $329 billion to the economy over two decades if the DREAM Act is passed, according to USA Today report.
The report found that up to 223,000 of the 2.1 million young illegal immigrants eligible for the DREAM Act would have an easier time enrolling, paying for and finishing college, which would lead to the increased economic gains.
The Washington-based think tank has supported passage of the DREAM Act and other bills granting more visas to foreign students that specialize in science, technology, engineering and mathematics.
"This report proves a fundamental truth about the contributions of immigrants to the American economy: we absolutely need them to continue our economic growth," Bloomberg said in a statement.
The report provides an argument in favor of the DREAM Act, which would grant legal residency to illegal immigrants brought to the United States as children who have completed some college or served in the military.
Some might not realize the DREAM Act proposal has been around for many years. Senators Dick Durbin andfirst introduced the legislation to the Senate in 2001. The Development, Relief and Education for Alien Minors, commonly known as The DREAM Act would include permanent residency to certain undocumented residents of good moral character who graduate from high school and have lived here continuously for five years prior to the bill’s enactment.
Supporters argue that the DREAM Act would not create an "amnesty program" and would produce a variety of social and economic benefits, while critics contend that it would reward illegal immigration and encourage further illegal immigration, inviting fraud and shielding gang members from deportation.
While the DREAM Act has been modified over the years, the basics remain the same. There have been several different versions of the bill introduced since 2001, the outline has remained the same though. In order to qualify for the DREAM Act one would need to meet the following requirements:
If you meet the above requirements you would then have six years in which to complete a two-year degree or enlist in the military for at least two-years. Note in the final 2010 version of the DREAM Act the dates where changed a bit, instead of 6 it was extended to 10.
It’s difficult to get a clear answer on whethersupports the DREAM Act. Today, Fox News reports that if elected president, Mitt Romney would not continue the new program that grants work permits and suspends deportation for two years for undocumented immigrants brought to the United States as minors, his campaign says, according to the Boston Globe.
Romney would not revoke work permits for people who obtain them by the time he would take office, on Jan. 20, but he would not grant any after that, the campaign says, according to the Boston Globe report.
Critics of Romney’s latest position on the initiative say it will doom the vast majority of the more than 1 million people who could be eligible for it. Since the U.S. Citizenship and Immigration Services, USCIS, began accepting Deferred Action for Childhood Arrivals applications on Aug. 15, only 29 people have been granted deferred action and work permits, according to Fox News.
With these kinds of actions by Romney as president, the projected $329 billion that would added to the U.S. economy would be lost.
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