The White House recently conceded that President Obama’s executive order effectively legalizing an estimated 5 million undocumented immigrants means that newly legalized workers will contribute to Social Security and Medicare and be eligible for benefits.

Does the president have any idea how much money his action could cost the country — i.e., taxpayers?

While Obama’s executive order creates a three-year temporary permit, he surely thinks that Republicans wouldn’t dare repeal it.

Thus, responsible economists and policy experts must consider the long-term costs of his newly imposed financial threat to the Social Security and Medicare programs.

We do not yet know what the demographics of the 5 million will be, though estimates are that more than 4 million will be of working age.
Source:Merrill Matthews and Mark E Litow, news.investors.com