CFGI / U.S. Immigration / Our Advocacy / Policy Recommendations The Budgetary Effects of High-Skilled Immigration Reform 3/10/2009 Reports on Migration Page ContentA Senior Fellow at Technology Policy Institute, Arlene Holen released a study in March 2009,“The Budgetary Effects of High-Skilled Immigration Reform” that focuses on the importance of high skilled workers in the fields of science, technology, engineering and mathematics (STEM) to the U.S. economy, as they pay more in taxes and are not likely to receive federal benefits. The paper finds that H-1B and green card caps have been costly to the economy and federal budget. For example, without caps between 2003-2007, roughly an additional 182,000 U.S. STEM degrees would have contributed between $2.7 to $3.6 billion to the federal treasury. Additionally, in the absence of a green card cap about 300,000 H-1B holders would have contributed $4.5 to $6.2 billion between 2003-2007 to the federal treasury. Relaxation of the H-1B caps under the Comprehensive Immigration Reform Act of 2007 could have also increased labor earning and GDP by $60 billion in the tenth year following the bill, if it were enacted. Click here to read the report.