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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 anti-immigration campaign could reduce Social Security retirement payments by 8.6% by 2034, amounting to roughly $2,000 less per year for American retirees. The finding suggests mass deportations would shrink the workforce and payroll tax revenues that fund the programme, deepening its long-term funding shortfall.
Why now: The projected financial hit to ordinary Americans' retirement benefits gives fresh, personal stakes to the ongoing immigration policy debate.
Donald TrumpSocial SecurityThe Guardian
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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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