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Mexico president cancels Trump summit as wall jibe deepens spat
By Miguel Gutierrez and Steve Holland
MEXICO CITY/PHILADELPHIA, Jan 26 (Reuters) - Mexico's president on Thursday scrapped a planned summit with Donald Trump in the face of insistent tweets from the U.S. president demanding Mexico pay for a border wall, a deepening spat that threatens Mexican efforts to salvage trade ties.
However the White House left open the door for a possible rapprochement. White House spokesman Sean Spicer said the United States was keeping open lines of communication with Mexico and looking to reschedule the meeting.
Taking a page out of Trump's playbook, President Enrique Pena Nieto fired the salvo on Twitter, after Trump's call for Mexico to foot the bill for his planned wall prompted a groundswell of calls in Mexico for next week's meeting to be called off.
source
originally posted by: ErrorErrorError
originally posted by: xuenchen
Looks like they're real nervous about the coming changes to NAFTA.
Looks like they don't give a # about crybaby Donnie
We eliminate NAFTA and build the wall and the savings on eliminating all of those illegals from America's social spending programs combined with the tariffs on Mexican imports and return of many jobs to the US from Mexico will pay for that wall... Who presently benefits from that social spending and those jobs? Mexico does, obviously. The $100 Billion+ annual tax payer expense to feed, educate, incarcerate, and medically care for all of those illegal aliens is $100 Billion+ Mexico doesn't have to spend on their escapees and the $64 Billion annual US losses thanks to NAFTA are presently $64 Billion additional dollars into Mexico's economy.
The truth is that undocumented immigrants contribute more in payroll taxes than they will ever consume in public benefits. Take Social Security. According to the Social Security Administration (SSA), unauthorized immigrants -- who are not eligible to receive Social Security benefits -- have paid an eye-popping $100 billion into the fund over the past decade. "They are paying an estimated $15 billion a year into Social Security with no intention of ever collecting benefits," Stephen Goss, chief actuary of the SSA told CNNMoney. "Without the estimated 3.1 million undocumented immigrants paying into the system, Social Security would have entered persistent shortfall of tax revenue to cover payouts starting in 2009," he said. As the baby boom generation ages and retires, immigrant workers are key to shoring up Social Security and counteracting the effects of the decline in U.S.-born workers paying into the system, Goss said. Without immigrants, the Social Security Board of Trustees projects that the system will no longer be able to pay the full promised benefits by 2037.
A 2013 CBO analysis of the failed bipartisan bill introduced by the so-called "gang of 8" that would have created a path to legal status for many undocumented immigrants found that increasing legal immigration would increase government spending on refundable tax credits, Medicaid and health insurance subsidies, among other federal benefits. But it would also create even more tax revenue by way of income and payroll taxes. That could reduce deficits by $175 billion over the first 10 years and by at least $700 billion in the second decade. ITEP estimates that allowing certain immigrants to stay in the country and work legally would boost state and local tax contributions by $2 billion a year.
Undocumented immigrants do not qualify for welfare, food stamps, Medicaid, and most other public benefits. Most of these programs require proof of legal immigration status and under the 1996 welfare law, even legal immigrants cannot receive these benefits until they have been in the United States for more than five years.
originally posted by: jellyrev
a reply to: burdman30ott6
exactly.
The Mexican president is simply posturing for his people, It looks good politically at the moment.
He has no choice to bend the knee, but he must make it look like he put up a fight. It's his best plan to win, keep government power and make trump look like the bad guy.