Budget chief says immigration surge could add $1 trillion to Social Security coffers

“The immigration surge, we project from 2021 to 2026, will result in about $1 trillion in additional revenue” over a ten year period, Dr. Phillip Swagel, director of the Congressional Budget Office (CBO) told lawmakers during a Tuesday hearing. Members of the House Ways and Means Subcommittee on Social Security convened to examine the current...