Federal Reserve paper examines housing costs and unauthorized immigration | Fox Business Video

Federal Reserve paper examines housing costs and unauthorized immigration | Fox Business Video

Rep. Claudia Tenney, R-N.Y., highlights a Federal Reserve working paper revealing that Biden-era illegal immigration significantly drove up housing costs and rents. She connects the influx of migrants to increased expenses for housing, food, and social services, leading to soaring state budgets. Tenney criticizes the Democratic Party’s progressive shift, labeling some members as ‘socialists’ and ‘Marxists’ whose policies contradict constitutional principles.

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