Obama to tout economic impact of immigration

WASHINGTON (AP) — President Barack Obama will convene a meeting of CEOs and business leaders to tout what the White House says are the economic benefits of a landmark immigration bill.

The afternoon meeting is scheduled just hours before the Senate holds a key test vote on a border security amendment. The measure could help the bill garner more Republican support.

Obama is expected to highlight new estimates about the bill’s impact on the national deficit. The Congressional Budget Office says the bill would reduce the deficit by about $200 billion over the next 10 years and by about $700 billion over the following decade.

The bill would provide a pathway to citizenship for many of the 11 million people living in the U.S. illegally.

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