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DACA

​Sheila Figueroa

​On September 5th, 2017, General Jeff Sessions announced that the program Deferred Action for Childhood Arrivals, also known as DACA, was to be permanently terminated in six months. During this time period, Congress would have the responsibility to come up with a new legislation or permanent fix for the so-called Dreamers. For the last five years, DACA has allowed young, undocumented people to apply for a two-year renewal permit that has made it possible for them to work, obtain a license, go to college, and even study abroad. Not only have these benefits, benefited these young and bright people, but the country overall.

Dreamers contribute to the United States’ economy in many ways. About 97% of DACA recipients are either working or attending school. Dreamers pay for college tuition as any citizen student and for those in the work force, taxes are required.  As a matter of fact, the Institute on Taxation and Economic Policy estimates that about $2 billion are paid in local and state taxes every year by DACA recipients. In addition, the economy not only benefits from the college tuition being paid by thousands of students, but from the results of these students obtaining a degree. With a degree, dreamers are most likely to pursue a stable job, which ultimately leads to the buying of homes, cars, and other goods. The more consumer spending there is, the more economic growth the country experiences.

 So, what would happen if the two-year renewal permit was to be ended or if the Dreamers were to be deported? Deportation would cost the United States about $60 billion, 700,000 jobs would be lost and because of the loss of workers, about $460,000 billion would setback the country. Contributions for programs like Medicare and Social Security would drop by $25 million and it would cost the country at least ten years to recuperate. Businesses around the country will have to fire competent and skilled individuals with high positions that help advance the company and that play a big role on the business’ growth and development.
​
On the other hand, if Dreamers are given a path to citizenship or are allowed to keep their permit, state and local revenues will increase and states such as California, New York, Texas and Florida will not lose a great amount of tax income. DACA’s fate is still being disputed and it is up to Congress what they want to do about the 850,000  undocumented youth. Youth that economically benefits, impacts and shapes the country.  

RI - Fall 2017
RI Collection
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  Border Proud
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  • What is Border Proud?
  • Regional Identity Spring 2022
    • Post Pandemic Consumer Spending
    • Income Inequalities
    • Globalization
  • Regional Identity Fall 2021
    • Editor Selects
    • Economic models, GDP and the Quality of Life: A Commentary
    • NFTs and Crypto Assets
    • Amazon Distribution Center and its Economic Impact on the City of El Paso
    • The Holiday tale of Inflation, supply chain, and the Omicron variant
    • Coronavirus and the Economy
  • Regional Identity Spring 2021
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    • Are Hospitals Spending Smart?
    • What Vaccines Could Mean for Air Travel
    • Let’s Talk About Inflation during the COVID-19 Pandemic
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    • The Economic Impact of Restricted Borders in the U.S.
    • Rising Cost of Healthcare due to COVID-19
    • COVID: Consumer Behavior and Its Consequences
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    • Amazon in the Borderplex Tristate 2021
    • Navigating the Election During COVID-19
  • Regional Identity Collection
    • RI - Fall 2019 >
      • Nobel Laureates Use Economics to Study Global Poverty Crisis
      • Acquisition of El Paso Electric
      • Effect on Retail Sales Post Walmart Shooting
      • Sun Country Montessori: Serving El Paso’s Children
      • Downtown El Paso: Construction Underway!
    • RI- Spring 2019 >
      • Starting a Company in 3 Days
    • RI - Spring 2017 >
      • The Cannabis Market in El Paso
      • A Gateway Opportunity: The Housing Authority
    • RI - Fall 2016 >
      • Border Crossing Visionary Meeting
      • Casas por Cristo
      • Go 10
      • The Reynolds Home
    • RI - April 2016 >
      • Argentina Anew
      • Dave & Buster's
      • The Economics of Coffee Shops
      • What a Hotel can do for a Community
      • Peso Devaluation
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    • NFTs and Crypto Assets
    • Amazon Distribution Center and its Economic Impact on the City of El Paso
    • The Holiday tale of Inflation, supply chain, and the Omicron variant
    • Coronavirus and the Economy
  • Regional Identity Spring 2021
    • Incorporation of Sustainability in the Business World
    • Financial Markets in the United States
    • Are Hospitals Spending Smart?
    • What Vaccines Could Mean for Air Travel
    • Let’s Talk About Inflation during the COVID-19 Pandemic
    • Regional Organization Collaborates with Border Proud Students
  • Regional Identity Fall 2020
    • Voter Behavior During COVID-19
    • The Economic Impact of Restricted Borders in the U.S.
    • Rising Cost of Healthcare due to COVID-19
    • COVID: Consumer Behavior and Its Consequences
    • COVID-19 and Its Effect on the Gender Pay Gap
    • Amazon in the Borderplex Tristate 2021
    • Navigating the Election During COVID-19
  • Regional Identity Collection
    • RI - Fall 2019 >
      • Nobel Laureates Use Economics to Study Global Poverty Crisis
      • Acquisition of El Paso Electric
      • Effect on Retail Sales Post Walmart Shooting
      • Sun Country Montessori: Serving El Paso’s Children
      • Downtown El Paso: Construction Underway!
    • RI- Spring 2019 >
      • Starting a Company in 3 Days
    • RI - Spring 2017 >
      • The Cannabis Market in El Paso
      • A Gateway Opportunity: The Housing Authority
    • RI - Fall 2016 >
      • Border Crossing Visionary Meeting
      • Casas por Cristo
      • Go 10
      • The Reynolds Home
    • RI - April 2016 >
      • Argentina Anew
      • Dave & Buster's
      • The Economics of Coffee Shops
      • What a Hotel can do for a Community
      • Peso Devaluation
    • RI - February 2016 >
      • Bear Market: OIL
      • Carlos Bakery
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      • Kopi Coffee
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