$20 Billion

Trump’s Mass Deportation Plan May Cost Social Security Over $20 Billion Annually

by
Trump's Mass Deportation Plan May Cost Social Security Over $20 Billion Annually

The mass deportation initiatives proposed by former President Donald Trump could have a profound economic impact, particularly on the Social Security fund. These measures, aimed at removing individuals living in the U.S. without documentation, may significantly reduce the fund’s cash flow, affecting millions of retirees who depend on Social Security for their financial stability. Social … Read more

Congress Cuts Another $20 Billion from IRS Amid Government Shutdown Battle

by
IRS Set to Distribute Unclaimed Tax Rebates to One Million Americans

Last week, Congress took a significant step by cutting an additional $20 billion from the Internal Revenue Service (IRS) budget. This reduction, part of efforts to avert a government shutdown, risks derailing President Joe Biden’s initiatives to enhance IRS customer service and increase scrutiny on high-income tax evaders. The decision underscores growing partisan debates over … Read more