In 2022, undocumented immigrants paid an estimated $25.7 billion in Social Security taxes, effectively providing a subsidy for American beneficiaries who can access these benefits.
If the incoming administration follows through with mass deportations, economists suggest it could lead to a $20 billion annual cash flow loss for Social Security, exacerbating already existing financing challenges.
The Social Security Administration has faced consistent financing shortfalls due to demographic shifts, falling birthrates, and an influx of retirees, which are now offset partially by net immigration.
Debates about immigration policy must also consider its economic impacts, as undocumented workers play an essential role in sustaining Social Security's financial stability amid an aging population.
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