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Trump immigration policies and aging population slow U.S. population growth projection.
Summary
The Congressional Budget Office now projects the U.S. population will reach about 364 million in 30 years, a forecast about 2.2% smaller than its estimate a year ago and partly attributed to stricter immigration measures and an aging population.
Content
The Congressional Budget Office released a revised population forecast that is smaller than its estimate from a year ago. It now projects the U.S. population will grow by about 15 million and reach roughly 364 million over the next 30 years. The CBO cited stricter immigration measures under President Trump and an aging population as major factors in the revision. The office's numbers incorporate reported deportation efforts and related policy steps.
Key facts:
- The CBO projects U.S. population will be about 364 million in 30 years, a 2.2% downward revision from last year’s forecast.
- The revision reflects the CBO’s accounting for stricter immigration measures and an aging population.
- The CBO projects national population growth will stop around 2056; without immigration, the population would begin to decline by about 2030.
Summary:
The CBO’s revised forecast points to smaller long-term population growth and suggests added pressure on programs that rely on a growing workforce and tax base, such as Social Security and Medicare. Undetermined at this time.
