(CNN) – As senators continue to weigh comprehensive immigration reform, President Barack Obama made another call Saturday for an overhaul of the current system.
Speaking in his weekly address, Obama again endorsed a bipartisan Senate plan which would create a pathway to citizenship for undocumented immigrants while bolstering security at the southern border. This week, an amendment was unveiled that further ramped up border security – an attempt to woo Republicans still deciding whether to support the larger bill.
Obama said Sunday the pending legislation would "be an important step toward fixing our broken immigration system," noting its border security provisions, penalties for employers who hire undocumented workers, and pathway to citizenship.
He also cited this week's report from the Congressional Budget Office, which predicted the immigration bill would reduce deficits by $175 billion over the first 10 years and by at least $700 billion in the second decade if it becomes law.
"According to this independent report, reforming our immigration system would reduce our deficits by almost a trillion dollars over the next two decades," Obama said. "And it will boost our economy by more than 5 percent, in part because of businesses created, investments made, and technologies invented by immigrants."
The CBO report also indicated the bill could reduce the number of unauthorized residents only by about 25% - a fact some Republicans have said proves the bill is ineffective.
"Now, the bill isn't perfect," Obama said in his address Saturday. "It's a compromise. Nobody is going to get everything they want – not Democrats, not Republicans, not me. But it's consistent with the principles that I and others have laid out for commonsense reform."