AUTHOR: TOWNE SCHERER.COM 12/31/2018: TowneScherer Private Wealth Management BLOG:
Immigrant Births
One in five births in the United States in 2014 was credited to an illegal or legal immigrant mother, reports the Center for Immigration Studies (CIS), 10/9/2018. This translates to 791,000 births. Further, the report estimates that legal immigrants accounted for 12.4% of all births, with illegal immigrants accounting for 7.5%.
Non-Citizen Welfare
63% of non-citizen households access welfare programs, says the CIS, 12/9/2018. The CIS credits this to modest levels of education which often result in earning lower wages, qualifying the non-citizens for welfare at higher rates than natives.
Billions on Healthcare
The annual subside on healthcare for unauthorized citizens in the U.S. is $18.5 billion, according to a Forbes article, 2/26/2018.
Government Shutdown over Boarder
A partial shutdown of the government over the funding of a wall on the U.S./Mexico border has now extended into its fifth day, reports US Today, 12/26/2026.Trump has indicated he needs 5 billion for border security states a CNN Wire four weeks ago.
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Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.