March 22, 2021- 9:35 a.m
Multinational corporate executives, who often serve as the biggest donors for the nation’s political class, are the driving forces behind an amnesty plan passed by House Democrats and nine House Republicans.
Last week, the House passed H.R. 6, known as the “Dream and Promise Act of 2021,” to provide potentially 4.4 million illegal aliens with amnesty and put them on a track for American citizenship.
All 218 House Democrats voted to support the amnesty and nine House Republicans joined them, including:
Rep. Don Bacon (R-NE)Rep. Maria Salazar (R-FL)Rep. Dan Newhouse (R-WA)Rep. David Valadao (R-CA)Rep. Fred Upton (R-MI)Rep. Brian Fitzpatrick (R-PA)Rep. Chris Smith (R-NJ)Rep. Carlos Gimenez (R-FL)Rep. Mario Diaz-Balart (R-FL)
The amnesty’s biggest backers are a series of multinational corporations and their executives who often provide campaign cash to lawmakers.
In a March letter sent to Senate Majority Leader Chuck Schumer (D-NY) and Senate Minority Leader Mitch McConnell (R-KY), the corporations’ executives urged the Senate to pass the expansive amnesty.
“This important legislation has our strong support and we ask that you and your colleagues consider and pass it in the immediate weeks ahead,” the executives wrote.
Schumer McConnell Letter by John BinderThose who signed off on the letter include tech conglomerates like Facebook, Amazon, Microsoft, Apple, Google, IBM, Uber, and PayPal.
Also lobbying for the amnesty is the United States Chamber of Commerce, Visa, Marriott International, Verizon, Johnson & Johnson, Chobani, Starbucks, General Motors, Target, and Hilton.
A flooded U.S. labor market has been well documented for its wage-crushing side effects, so much so that economist George Borjas has called mass immigration the “largest anti-poverty program” at the expense of America’s working and lower-middle class.
The biggest winners are corporations and investors who can not only keep the cost of labor low, but also have a steady stream of consumers to buy their products and services.
Other research finds current legal immigration to the U.S. results in more than $530 billion worth of lost wages for Americans.
Recent peer-reviewed research by economist Christoph Albert acknowledges that “as immigrants accept lower wages, they are preferably chosen by firms and therefore have higher job finding rates than natives, consistent with evidence found in US data.”
