Global wealth distribution is taking place right before our eyes. President Obama is taking money from our hard working middle class and giving it to illegal aliens.
Via Daily Caller:
President Barack Obama’s November amnesty will give $1.7 billion in taxpayers’ cash to illegal immigrants, according to a congressional study.
The news emerged two days after top Republican leaders overcame GOP opposition to a 2015 budget bill that allows Obama to fund his unpopular amnesty for roughly 5 million illegals.
“The program could cost taxpayers $1.7 billion over 10 years, almost all of it in the first five years,” according to a report by the McClatchy Washington Bureau. The rebates are allowed by the IRS’ interpretation of existing laws governing the Earned Income Tax Credit program, which was designed to subsidize low-wage employment in the United States.
The Joint Committee on Taxation compiled the estimate, which was obtained by McClatchy.
“Those who were working illegally in the United States shouldn’t be rewarded for doing so,” said a statement to McClatchy from Republican Iowa Sen. Charles Grassley, who is pushing a bill that would bar tax payments to illegals.
“My proposal would prohibit those granted deferred action from claiming the EITC [payments] for any year they were working without authorization in the United States,” Grassley said.