Passage of Curbelo’s RAC Act Would Increase GDP By $79 Billion, Create 115,000 New Jobs
Earlier today, the Niskanen Center released a report that indicates passage of the “Recognizing America’s Children (RAC) Act,” legislation introduced by Representative Carlos Curbelo (FL-26) earlier this year, would increase gross domestic product (GDP) by $79 billion over ten years and create 115,000 new jobs.
“This report confirms what we already know: immigrants have an enormous impact on our economy and job creation, especially here in South Florida,” Curbelo said. “While I’ve been hopeful the Administration has signaled a willingness to do the right thing by these DREAMers, Congress must take action to provide a fair and permanent solution. These young people are contributing to our communities and our economy, and they should not have to live in constant fear. My legislation would give peace of mind to hundreds of thousands across the country and grow our economy and create new jobs.
“I urge all my colleagues who want to help these young people and advance responsible immigration policy to join us and co-sponsor the RAC Act,” Curbelo added. “I urge all Americans who have it in their hearts to do something for these young people to call your representatives and tell them we need to act together and now.”
The Niskanen Center report details the economic and fiscal effects of passing the legislation that would establish a pathway to legal status for undocumented immigrants brought to the United States as children. The RAC Act provides immigrants that have been vetted by the Department of Homeland Security with three pathways toward legalization: higher education, service in the armed forces, or work authorization. Following a 5-year conditional status, these immigrants would be able to reapply for a 5-year permanent status.
The Niskanen Center is a Washington, D.C.-based libertarian think tank that works to change public policy through direct engagement in the policymaking process.