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Outside the Box: A moral economy would save taxpayers billions every year

The Deficit Hawks versus the Big Spenders. That’s how the media typically portrays budget battles in Washington. We seldom hear about how government action to tackle our country’s most urgent social and environmental problems can actually save money.

In a new report, the Institute for Policy Studies and the Poor People’s Campaign reveal some of these underreported savings as part of a detailed analysis of the costs and benefits of transitioning to a moral economy.

We identified 10 ambitious changes we charted that would offer huge returns on investment above the status quo.

1. Comprehensive immigration reform

If we accepted more immigrants and created a pathway for more undocumented people to gain legal status, the benefits would outweigh the costs by nearly $200 billion over 10 years, according to a Congressional Budget Office analysis.

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