News:
United States
Immigration
The White House is threatening Congressional Republicans that if they don’t pass the bipartisan border-Ukraine bill, they will reduce operations at the southern border due to lack of funds. This is blackmail, but after 3.2 million people crossed the border, will anyone even notice? Congressional Republicans should call Biden’s bluff, and it’s an issue that’s hurting him at the polls and hurting blue cities forced to pay for these migrants. (Fox News)
Denver Mayor Mike Johnston announced that the city is cutting services for Parks and Recreation and the Department of Motor Vehicles to close the budget gap caused by migrants from the Southern border. (9 News)
An Obama-appointed federal judge, Robert Pitman, threw out a lawsuit by 15 illegal aliens. Abbott’s Operation Lone Star violated their rights under the 4th, 6th, and 14th Amendments of the United States Constitution. (Breitbart News)
Mexico’s central bank reported that the money Mexicans living in the U.S. sent home to their relatives grew 7.6 percent in 2023 to reach a record $63.3 billion yearly. The average amount of each transfer remained steady at $393, just a slight increase from the average of $391 in 2022, but the total number of transfers rose 6.6% to over 161,000, according to the Bank of Mexico. Only India sent home more money. They sent back over $120 billion. The only state to tax remittances is Oklahoma. (Associated Press)
Reps. John James (R-Mich.) and Pat Ryan (D-N.Y.) introduced the Courage to Serve Act, which creates an expedited path to citizenship for migrants and asylum seekers who enlist in the military. They would qualify for permanent residency within 180 days of signing up. Very late Roman Empire vibes. (Fox 5 NY)
Economy
For the first time in two decades, China is no longer the largest source of imports, being outpaced by Mexico. The data shows that the United States’ trade deficit with China narrowed significantly last year, with goods imports dropping 20 percent to $427.2 billion. American consumers and businesses turned to Mexico, Europe, South Korea, India, Canada, and Vietnam for auto parts, shoes, toys, and raw materials. Economists say the relative decrease in trade with China is clearly linked to the tariffs imposed by the Trump administration and then maintained by the Biden administration. (The New York Times)
The Congressional Budget Office projects that the ongoing surge in immigration, both legal and illegal, will put “downward pressure” on inflation-adjusted wages through 2034. The downward effect on real wages will continue until 2027. At that point, it will “partially reverse,” with immigration still expected to cause average real wages to be lower in 2034 than they otherwise would be, according to CBO. CBO did predict some positive impacts of immigration, as well, such as increased GDP growth and an expanded labor force. (Daily Caller)