Congressional Budget Office says Trump's immigration crackdown will shrink U.S. population faster than expected, a threat to inflation and GDP growth

Donald Trump sits and bangs a gavel as people around him applaud. (Credit: Alex Brandon—Pool/Getty Images)

• The U.S. population is poised to begin contracting in 2031, earlier than projected, according to the Congressional Budget Office, in large part due to President Donald Trump’s anti-immigration policies. The agency now projects 290,000 immigrants will be removed from the country between 2026 and 2029. Economists warned less immigration and negative net migration could create woes for the U.S. labor force and inflation.

President Donald Trump’s immigration crackdown is resulting in the U.S. population growth shrinking faster than anticipated, according to the Congressional Budget Office (CBO)—a phenomenon economists have warned will lead to a labor shortage, drive up inflation, and, under some circumstances, shrink U.S. GDP growth.