U.S. Treasury Moves to Restrict Federal Benefits
The U.S. Treasury, under President Trump's direction, is aiming to restrict federal benefits access for illegal aliens, focusing on tax credits like the Earned Income Tax Credit and others. Treasury Secretary Scott Bessent announced pending regulatory clarifications to ensure these benefits are reserved for citizens.
The U.S. Treasury Department is taking significant steps to limit access to federal benefits for illegal immigrants, following directives from President Donald Trump. Treasury Secretary Scott Bessent emphasized that this move is designed to protect these benefits for American citizens.
On Friday, Bessent announced that the Treasury will propose new regulations to clarify that certain tax credits, including the Earned Income Tax Credit and the Additional Child Tax Credit, will no longer be accessible to illegal and other non-qualified aliens. This regulatory change aims to align these benefits strictly with citizens' needs.
According to Bessent's statement on X, the proposed regulations will cover various tax credits, ensuring that federal resources and financial support are allocated appropriately to American taxpayers.
(With inputs from agencies.)
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