Obama’s executive amnesty to cost taxpayers $2 trillion

The Heritage Foundation’s expert on welfare and entitlement spending, Robert Rector, said on Monday that illegal aliens who receive amnesty and work permits through Pres. Obama’s executive actions will draw $2 trillion over their lifetimes in taxpayer-funded government services. He based the figure on estimates that 4 million illegal aliens will benefit from the actions and will live an average of 50 years.

“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 told Breitbart News. “What 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.”

In May 2013, Rector estimated the costs of the Gang of Eight’s amnesty bill, S.744. to be $6.3 trillion. He applied that methodology to Pres. Obama’s executive amnesty. Rector, first, looked at how much the average beneficiary would earn in wages over their lifetimes and then calculated how much they would draw in taxpayer benefits.

“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 said.

“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.”

For more details, see Breitbart.com.