Story perspectives

Trump Immigration Crackdown Could Slash $479B Revenue, Harm 2.7M Kids

5/18/2026

Summary

Story summary

U.S. President Donald Trump’s immigration crackdown, including an ICE-IRS agreement that a judge paused in November, could cut tax revenue by up to $479 billion over ten years.
Half of undocumented households filed and paid $96.7 billion in 2022, so a 1 % drop would shave $46 billion from revenue.
Yale’s Budget Lab projects losses of $147 billion to $479 billion, while 2025 child tax credit loss could deny benefits to 2.7 million children of undocumented parents.

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Story summary

U.S. President Donald Trump’s immigration crackdown, including an ICE-IRS agreement that a judge paused in November, could cut tax revenue by up to $479 billion over ten years.
Half of undocumented households filed and paid $96.7 billion in 2022, so a 1 % drop would shave $46 billion from revenue.
Yale’s Budget Lab projects losses of $147 billion to $479 billion, while 2025 child tax credit loss could deny benefits to 2.7 million children of undocumented parents.