Employer verification boondoggle will rob taxpayers of hard-earned benefits
Source: American Civil Liberties Union

The Congressional Budget Office (CBO) released the estimated cost to implement H.R. 4088, the Secure America through Verification and Enforcement (SAVE) Act of 2007, and found that the proposed legislation would cost taxpayers more than $40 billion over 10 years. H.R. 4088, introduced by Representatives Heath Shuler (D-NC) and Tom Tancredo (R-CO), would implement a national employer verification system and mandate it for all new hires. It is currently under consideration for a “discharge petition” that would allow the bill to bypass the traditional committee markup process and instead go directly to the House floor.
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The CBO estimate, released last week at the request of House Judiciary Committee Chairman John Conyers (D-MI), concluded that implementing the SAVE Act would have an impact well beyond the active workforce. The legislation would result in employers and workers who now pay taxes choosing to go “off the books,” decreasing both tax and Social Security receipts by $17 billion and $22 billion respectively, over ten years. The ripple effect of such decreases could result in cuts in Social Security benefits and other federal programs.

+ CBO estimate (PDF; 77 KB)

This entry was posted on Thursday, April 10th, 2008 at 8:48 am and is filed under Government and politics, Immigration, Legal and law enforcement. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.