New American Economy Statement for the Record
Senate Judiciary Committee
Full Committee Oversight Hearing
“The Administration’s Decision to End Deferred Action for Childhood Arrivals”
October 3, 2017
As Congress considers the fate of recipients of Deferred Action for Childhood Arrivals (“DACA”), it is critical to recognize the vital role these young immigrants play in our communities and our economy. They are starting businesses, creating jobs, and serving in our military. The overwhelming majority—more than 90 percent—are already working in industries and sectors across our economy, from healthcare and education to retail and hospitality.
New American Economy research has shown that DACA-eligible entrepreneurs had a total business income of $658.7 million in 2015, a significant boost to local economies across the country. Furthermore, they contribute more than $1.4 billion to federal taxes and more than $1.6 billion to state and local taxes in the United States. They also support local businesses as consumers, with a collective spending power of nearly $16.8 billion.
Multiple legislative proposals have been introduced by Republicans and Democrats that would protect Dreamers and ensure that they can continue to contribute to our nation’s success. New American Economy urges Congress to quickly take action on a bipartisan legislative solution to this issue.