Cato Institute: Research - Immigrants Created $14.5T Fiscal Savings
February 04, 2026
February 04, 2026
WASHINGTON, Feb. 4 (TNSrep) -- Cato Institute issued the following news release:
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New Research: Immigrants Created $14.5T Fiscal Savings
Cato scholar David Bier has released new research revealing that immigrants generated a $14.5 trillion fiscal savings for U.S. government budgets from 1994 to 2023.
The white paper (https://www.cato.org/white-paper/immigrants-recent-effects-government-budgets-1994-2023), which updates the National Academi . . .
* * *
New Research: Immigrants Created $14.5T Fiscal Savings
Cato scholar David Bier has released new research revealing that immigrants generated a $14.5 trillion fiscal savings for U.S. government budgets from 1994 to 2023.
The white paper (https://www.cato.org/white-paper/immigrants-recent-effects-government-budgets-1994-2023), which updates the National Academi . . .
