OBAMA’S ILLEGAL ALIENS TO COST TAXPAYERS $2 TRILLION OVER THEIR LIFETIME!

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The undocumented immigrants granted amnesty by President Barack Obama’s executive orders will likely cost taxpayers $2 trillion, according to Heritage Foundation poverty  expert Robert Rector. 

“The net cost — which is total benefits minus total benefits paid in — of the amnesty recipients I estimate will be around $2 trillion over the course of their lifetime,” Rector explained in an interview with Breitbart News Monday. He added that the calculation is based on the assumption that 4 million undocumented immigrants will participate and they will live, on average, 50 years. 

According to Rector — who has published extensively on welfare, poverty, and immigration — the cost has two components: The first is the potential to access Social Security and Medicare, given amnestied undocumented immigrants’ ability to obtain work permits and Social Security Numbers. “What [Obama] is doing is he is putting these 4 million people — who on average have a 10th grade education — into the Social Security and Medicare programs,” Rector said. He used much of the same methodology he incorporated in his May 2013 study on the cost of amnesty to reach his conclusions.

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With the expected earnings for an individual with that level of education, he explained that the amnestied immigrants will take vastly more out than they will contribute to those programs. “Given their expected earnings, from someone that has a 10th grade education, they will draw about three dollars worth of benefits out of those programs over their lifetimes for every dollar they put into them. But the overall cost in outlays will be around a trillion dollars for those programs alone,” Rector explained.

“The bottom line to understand this is you are taking 4 million people with a 10th grade education and giving them access to the largest entitlement and welfare system in the globe,” he said. Rector added that his findings are expected to be published at the Heritage Foundation in the coming days.

See more at BREITBART 

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The Heritage Foundation said: The fiscal consequences of this amnesty will vary depending on the time period analyzed. It is expected that many illegal immigrants who are currently working “off the books” and paying no direct taxes will begin to work “on the books” after receiving amnesty, and therefore tax payments will rise immediately. By contrast, under S. 1348, benefits to these immigrants from Social Security, Medicare, and most means-tested welfare programs (such as Food Stamps, public housing, and Temporary Assistance to Needy Families) will be delayed for many years. In consequence, then, the increase in taxes and fines paid by amnesty recipients may initially exceed slightly the increase in government benefits received. In the long run, however, the opposite will be true. In particular, the cost of retirement benefits for amnesty recipients is likely to be very large. Overall, the net cost to taxpayers of retirement benefits for amnesty recipients is likely to be at least $2.6 trillion. 

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