On the recordDecember 6, 2022
I thank the gentleman for sharing the economic impacts of DACA recipients because we need to highlight that; that any opposition to the American Dream and Promise Act is not based on the benefits it brings to our country because the economic benefits are amazing, so I appreciate the fact that the gentleman raised it. The gentleman said how much taxes are paid. Households with DACA recipients pay $5.6 billion in Federal taxes and $3.1 billion in State and local taxes every single year. They create lots of after-tax income that leads to economic activity in the communities that they come from. In fact, the importance of DACA and our Dreamers is so great that on October 20, 80 major businesses and trade associations wrote to congressional leaders in support of a bipartisan American Dream and Promise Act. The letter was signed by, among others, the National Association of Manufacturers, the National Retail Federation, the U.S. Chamber of Commerce, Microsoft, Amazon, and many, many more because we know that Dreamers are essential to our economy. What would happen if we let DACA die? If we let DACA die, an average of 1,000 Dreamers will lose their jobs each week in labor markets already experiencing shortages, such as healthcare, education, service industries, food production, and more because they would lose their jobs as their ability to renew would disappear. So every week, we would lose that.…
Source
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