Summary
Treasury Secretary Scott Bessent announced plans to stop illegal immigrants from receiving certain federal tax benefits. This follows President Donald Trump's order and discussion around immigration policies and issues. The exact impact depends on the final regulations and how they are written.
Key Facts
- Treasury Secretary Scott Bessent plans to cut tax benefits for illegal immigrants.
- President Donald Trump ordered this action, criticizing current immigration policies.
- Trump's message focused on benefits that immigrants receive in the U.S.
- The Treasury will propose regulations affecting tax credits like the Earned Income Tax Credit.
- Illegal immigrants generally cannot get U.S. work authorization or certain benefits like Social Security.
- The announcement mentions that illegal immigrants pose security and safety threats.
- Details about how the rule impacts various groups, such as DACA or TPS program participants, remain unclear.
- The Treasury emphasized ending illegal financial activities by illegal immigrants.
