Business Insider: Trump’s Mass Deportation Plan Could Drain More Than $20 Billion a Year from Social Security
media mentionPresident Donald Trump’s mass deportation plans could have a significant economic side effect: draining the Social Security fund.
As more Americans reach retirement age — many without adequate savings — Social Security can be a financial anchor. The checks average $1,976 monthly, and thousands of older adults told Business Insider they rely on the money to pay for essentials. However, the checks often aren’t enough to live on.