S&P Report Urges Raid On Illegal Immigrants' Social Security Payments

Vadum, Matthew
April 2006
Bond Buyer;4/7/2006, Vol. 356 Issue 32356, p3
Trade Publication
The article reports on the discussion paper released by Standard & Poor's Corp. about the benefit of giving localities the 7 billion dollars that illegal immigrants pay into social security on governments providing services to immigrant workers. Company director Horacio Aldrete claimed that the misallocation of the amount among various levels of government would pose a serious problem. Most of the contributions come from undocumented individuals who never claim their benefits.


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