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President Barack Obama tries to quiet one of three hecklers as he addresses the crowd after meeting with community leaders about the executive actions he is taking to fix the immigration system Tuesday, Nov. 25, 2014, in Chicago. (AP Photo/Charles Rex Arbogast)

Charles Rex Arbogast, AP

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President Barack Obamas executive actions on immigration reform have Republicans upset by the presidents unilateral approach and Democrats defensively pointing to similarly far-reaching immigration legislation that was passed by former Republican president Ronald Reagan.

Whats missing from the current, back-and-forth debate is a look at the policys substance and its economic impacts.

Economists and politicians have widely different views on what impact Mr. Obamas executive order will have on the labor market and the economy, reported The Wall Street Journal.

Supporters of an immigration overhaul estimate that granting legal status will bring more workers into the tax system and boost government revenue, but many critics have said that it will overwhelm social-welfare programs and displace numerous workers, the WSJ continued.

Analysis by the Presidents Council of Economic Advisors says that the presidents immigration reform will amplify economic output and increase GDP by $90 million to $210 million in 2024, stated a White House press release. The CEA also predicts annual wage increases for all workers and a reduction to the federal deficit.

John Donohue, president and CEO of the U.S. Chamber of Commerce, has long been pushing for immigration reform because of the positive effects it would have on business.

It would help revitalize our economy by raising the gross domestic product, boosting productivity and attracting investment from around the world," he wrote in an op-ed for The Washington Times. "It would spur innovation and entrepreneurship. It would create jobs for immigrant and native-born workers alike. And it would help us address our challenging demographic realities.

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Immigration reform will boost the economy, hopefully