The Fiscal Impact of Refugees and Asylees at the Federal, State, and Local Levels from 2005-2019
Between 1990 and 2022, the United States welcomed over 2.1 million refugees and accepted over 800,000 asylees. While the purpose of granting visas to refugees and asylees is humanitarian, they do impact the United States economically. This analysis estimates the fiscal impact of refugees and...
aspe.hhs.gov
- The net fiscal impact of refugees and asylees was positive over the 15-year period, at $123.8 billion. This means that refugees and asylees contributed more revenue than they cost in expenditures to the government. The net fiscal benefit to the federal government was estimated at $31.5 billion, and the net fiscal benefit to state and local governments was estimated at $92.3 billion.
States like South Carolina that depend on the federal government should be grateful for the asylum seekers they have and welcome many more. Maybe it wouldn’t be the 6th poorest state in the US if it embraced more hard-working people who want to capitalize on all the opportunities available.