Cruz: Immigration Bill 'Makes The Problem Worse'

On Thursday, Senator Ted Cruz (R-TX) spoke out at the Senate Judiciary Committee with regard to the so-called Gang of 8’s immigration bill. Cruz stated that the bill might do more harm than good: “Number one, it doesn’t stop illegal immigration. If anything it makes the problem worse by not securing the border and by incentivizing future illegal immigration. Number two, I believe in its current form, the bill will not become law, and if Congress cannot pass immigration reform, that is a terrible outcome.”

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“Every Asian market outside Sri Lanka retreated after Federal Reserve Chairman Ben S. Bernanke yesterday said a premature withdrawal of quantitative easing would put the U.S. economic recovery at risk,” Jonathan Burgos reports. What does this say about the US and, in particular, the policies of the Federal Open Market Committee, which are pretty much identical?

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