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Report: Trump immigration purge could cut Social Security by $2,000 a year
Original: Trump immigrant purge could cut social security for Americans by $2,000 a year
A new report warns that the economic cost of the Trump administration's mass anti-immigration campaign could reduce Social Security retirement payments for Americans by 8.6% by 2034, an average cut of about $2,000 a year. The analysis projects that removing immigrant workers shrinks the payroll tax base that funds the program, deepening its funding shortfall and affecting retirees.
Why now: A new report quantifies a direct financial impact on ordinary Americans' retirement income, making it a hot political topic.
Donald TrumpSocial Security AdministrationThe Guardian
Evidence
- Trump immigrant purge could cut social security for Americans by $2,000 a year · The Guardian
New report on economic cost of anti-immigration campaign projects 8.6% reduction in retirement payments by 2034
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