TOTALLY GEEKED!

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Refugees Will Cost Taxpayers an Estimated $4.1 Billion in FY 2017


Guru

Status: Offline
Posts: 25897
Date:
Refugees Will Cost Taxpayers an Estimated $4.1 Billion in FY 2017
Permalink  
 


http://www.breitbart.com/big-government/2017/02/19/refugees-will-cost-taxpayers-an-estimated-4-billion-in-fy-2017/

 

Breitbart News estimates that the 519,018 refugees who have been resettled by the federal government in the United States over the seven years and four months since the beginning of FY 2010 will cost American taxpayers more than $4.1 billion in FY 2017.

To put that very large number in context, $4.1 billion can buy 10,677 new homes at a price of $384,000 each, the average sales price of a new home sold in the United States in December 2016. It can also buy 170,124 brand new 2017 model automobiles at a price of $24,100 each, the manufacturer’s suggested retail price for a 2017 Chevrolet Malibu.

Even if the Trump administration were to entirely shut down the flow of refugees into the United States in FY 2018 and beyond, the refugees who have already arrived in the country will cost at least another $3.5 billion in 2018, and about $2 billion to $3 billion annually thereafter until FY 2022 and beyond.

The annual $4.1 billion cost of these refugees is about eight percent of “the total annual fiscal impact of first generation [immigrants to the United States] and their dependents, averaged across 2011-2013,” which the National Academies of Sciences, Engineering, and Medicine, in September 2016, estimated “is a cost of $57.4 billion.”

 

That report offered this summary of the characteristics of all immigrants to the United States between 1995 and 2014:



__________________

https://politicsandstuff.proboards.com/

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard