President-elect Donald Trump has emphasized tougher immigration enforcement as a central campaign promise, with potential financial implications for Americans if mass deportations and stricter immigration policies are implemented. Immigrants, including those residing in the country illegally, play a significant role in supporting the job market, controlling inflation, and contributing to federal revenues, thereby bolstering the overall US economy.
Current immigration levels are projected to boost the country's real GDP by 0.2 percentage points annually over the next decade, potentially leading to a 2% increase by 2034, as per the Congressional Budget Office's outlook report. However, this growth trajectory could be disrupted if Trump's mass deportation plans come to fruition.
