President Obama is making his first visit to the U.S.-Mexican border today to deliver a speech in El Paso, Texas, on the need to reform America’s immigration laws. I’ll be eagerly awaiting the president’s plan, but in the meantime, the Cato Institute has released a new study this week that examines the major objections to comprehensive immigration reform.

Titled “Answering the Critics of Comprehensive Immigration Reform,” and authored by Cato adjunct scholar Stuart Anderson, the new study draws on the latest research to address five common objections to expanding opportunities for legal immigration. The issues addressed in the study include the effect of immigration reform on government spending, welfare use, culture and language, unemployment, and incentives for illegal immigration.

After carefully weighing all those concerns, the study concludes that the arguments continue to weigh heavily in favor of expanding legal immigration as the best way to reduce illegal immigration. Here is the study’s conclusion:

The status quo is not acceptable. There is no evidence that continuing—or expanding—the current “enforcement-only” policies on immigration will be successful. The best approach is to harness the power of the market to allow workers to fill jobs legally, rather than to rely on human smuggling operations for workers to enter the United States. Addressing the situation of those now in the country illegally will achieve both humanitarian and economic objectives, including raising the wages of those now working as illegal immigrants. The primary arguments employed against comprehensive immigration reform do not stand up to a review of recent history and predictable social and economic behavior.

Here is the short-form Cato blueprint for immigration reform, and here is the long-form version (PDF).