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Republican senator is raising some new concerns this morning about the Congressional Budget Office is scoring.
Which -- got a lot of attention last 24 hours of the Senate's immigration reform -- The CBO says that the bill would end up cutting the deficit if it passes.
Billion dollars over the course of the first ten years.
And that the GDP as a result of this in flocks of of you know people who were becoming legal immigrants eventually.
Would grow the GDP significantly.
But Oklahoma senator Tom Coburn who watches the bottom line very closely.
Has this question when is the last time the CBO has been accurate about anything he says he joins me now senator good morning good to have you with us.
Good morning how are you I'm doing fine thank you so why do you doubt.
This report what do you see -- -- and it doesn't -- where -- -- Well first of all the language it most of the payment.
That claimed savings.
Come into -- -- that to the Social Security trust that's not even a part of the calculation of the deficit.
So it has no affect on the deficit has affect on the -- But not on the deficit it's not party -- another part of the budget.
So when we actually look at how what they've calculated it'll have no effect whatsoever on the deficit.
It may have some effect on the -- But they're highly inaccurate and that the fact is there's a lot of these people who are -- document -- -- illegal today.
Are paying Social Security taxes.
Because -- worked as a -- -- -- my Social Security number.
And and and what they are doing is not taking anything from Social Security -- they're not qualify.
Yeah so it was it's I have a great deal of now about the numbers that -- I I think the big thing that's been missed in the CBO score.
Is the other statement that not everybody should be reacted to it only gonna -- Illegal immigration by 25%.
That means we're still gonna have 75% of the continued problem with the illegal immigration.
And nobody is race and any points over that that's their assessment as well.
She can't have it both ways you can't say Social Security is in good shape and then say oh by the way this bill's gonna solve Social Security problem.
And claim that is deficit money as well so it it smoke and mirrors from Washington.
If you make a lot of instinct -- I just wanna go back over the money made before because there are a lot of illegal workers in this country.
Who in -- they -- pay into the Social Security system and -- but no benefits from it at all.
Does does this CBO does it account for that that that many of those people would become burning.
To being here legally so wouldn't really change in terms of the money that they're bringing -- Why they have what they did was go out ten -- twenty years course or twenty years -- estimates are far less accurate than the real point would be as did thirty years what's the impact.
And of course you can't see that plus they don't have a handle on it now if you if you.
If you ask the federal government what and the control of the border is though Australia 85% if you ask people who actually does these studies and illegal immigrant.
They'll tell -- it's about 45%.
So you know where do you get your information and how accurate is and what the track record is very important in CBOs track record on the circumstances of this.
Well obviously it's a big selling point firm proponents of this bill because they look at the numbers in the face on the face of it and say well that's good you know -- well he would be higher.
You know -- and -- the deficit would be -- in the long run.
So I ask you this in terms of where this -- going because you know that that's the biggest question right now well.
-- I had an important point is the GDP will be bigger because we're gonna allow another eight million illegal immigrants into this country under there it's what they've set.
So you're not gonna just have eleven me to have another eight million into the country under this bill.
So that the whole the whole contention is to control the border and do that the humanitarian only right thing.
With the people who are -- in the shadows here and I don't necessarily disagree with that.
-- but but we ought to be very Cogent about how we do this.
And rather than repeat this again -- So I think there is it best it's a mixed and bag from CBO and usually it's not very very -- very interesting Tom Coburn senator thank you so much thank -- --
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