REPORT: Treasury Secretary moves to ‘cut off’ illegal migrants from tax benefits, cross-border money transfers: ‘No place for you in our financial system’

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FROM NY POST: The Trump administration is working toward cutting illegal migrants off from federal tax benefits and money transfer services, Treasury Secretary Scott Bessent said Friday.

As part of the effort, the Treasury Department will propose new regulations “clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit,” according to the the Trump administration official.

The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) ostensibly prohibits illegal immigrants from obtaining most taxpayer-funded benefits.

However, in a February executive order barring illegal immigrants from access to federally funded benefits, Trump argued that in the decades since PRWORA’s passage, “numerous administrations have acted to undermine the principles and limitations directed by the Congress.”

“At @POTUS @realDonaldTrump‘s direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens.@USTreasury announced that it will issue proposed regulations clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit,” Bessent wrote on X.

READ MORE AT NY POST

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