A Republican megabill that lawmakers are trying to pass by the Fourth of July would clamp down on the finances of immigrant households, including those in the U.S. legally, economists and policy experts said.
The legislation, championed by President Donald Trump, would restrict access to tax benefits like the child tax credit. Republican lawmakers in the House and Senate have also included a tax on the money immigrants send abroad, called remittances, and a $1,000 fee for those who seek asylum.
The provisions “make life harder for immigrants in the U.S., both legal and undocumented immigrants,” said Tara Watson, director of the Center for Economic Security and Opportunity at the Brookings Institution.
“I think this will make a significant difference” in their financial lives, Watson said.
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