>Donald Trump has vowed to deport millions of immigrants in his second term.>A recent analysis estimated that his plan could drain billions in Social Security tax revenue.>Many older Americans rely on Social Security to afford essentials.>President 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.>Trump's vow to carry out a mass deportation of people living in the US illegally could make matters more difficult because the Social Security fund is largely financed by payroll taxes from American workers. The Social Security Administration told BI that deportations could cut annual cash flow by $20 billion — potentially reducing retirees' benefits over time.>Immigrants living in the US illegally, about 8.3 million of whom work, also pay payroll taxes that fund Social Security and Medicare. They are ineligible to claim these benefits themselves.
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Social security is a ponzi scheme, endless supply of browns paying into it won't make it solvent because the government raids it when it needs money. Cutting it entirely and letting people manage their own 401k would do more for letting people retire than social security ever did.
>>59672298Horseshit.
