Today the U.S. House of Representatives passed the American Dream and Promise Act of 2019 (H.R. 6), which provides permanent legal protections and a path to citizenship for 2.5 million Dreamers and Temporary Protected Status (TPS) holders.
“This victory is an important first step towards ending the uncertainty that has plagued Dreamers, TPS holders, and the communities they call home,” said John Feinblatt, President of New American Economy. “We applaud the House for taking action, and urge the Senate to stand with the American people and give Dreamers and TPS holders the solution they have earned many times over.”
New research from New American Economy finds that DACA-eligible immigrants and TPS holders:
- Are productive members of the workforce: In 2017, 93 percent of DACA-eligible immigrants and 94 percent of TPS beneficiaries were employed.
- Pay billions in federal income, state, and local taxes: In 2017, DACA-eligible immigrants paid close to $4.0 billion in taxes, while TPS holders paid more than $1.5 billion.
- Hold significant economic clout: In 2017, DACA-eligible individuals held $19.4 billion in spending power, while TPS holders held $5.8 billion.
- Are job creators: In 2017, there were approximately 43,000 DACA-eligible entrepreneurs. More than one out of every 10 TPS holders, or 10.5 percent, reported being self-employed in 2017.