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Grow the economy? Not with Trump's immigration restrictions
DISTRICT OF COLUMBIA, UNITED STATES, JUL 25 – Trump administration policies are projected to reduce U.S. GDP growth by up to 1.5 percentage points by 2027 due to immigration limits and increased deportations, researchers said.
- In the United States, the new budget law includes President Donald Trump signing over $150 billion for enforcement, claiming over 3% growth according to the White House and congressional Republicans.
- The Trump administration aims to fund enforcement measures, including raising fees for humanitarian visas and work authorizations, and imposing a 1% excise tax on remittance transfers.
- Projections show unauthorized immigration halts could reduce GDP growth by 0.8 percentage points this year, according to the Federal Reserve Bank of Dallas researchers.
- The White House argues reducing immigration and increasing deportations would free up jobs for U.S.-born workers, with unemployment at 2.7% in 2024.
- With the economy near full employment, the U.S. population is projected to decline starting in 2033, highlighting long-term demographic constraints.
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Immigration restrictions hurt the economy
According to the White House and congressional Republicans, the new budget law will spark economic growth of more than 3%. Reaching that goal, however, will be made far more difficult by a provision they see as central to the law: the $150 billion-plus it adds to immigration enforcement.
·Las Vegas, United States
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Total News Sources25
Leaning Left3Leaning Right0Center22Last UpdatedBias Distribution88% Center
Bias Distribution
- 88% of the sources are Center
88% Center
12%
C 88%
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