Restrictions on Federal Benefits for Non-Qualified Aliens: U.S. Treasury's New Regulations
The U.S. Treasury is taking steps to restrict federal benefits for "illegal aliens" as directed by President Donald Trump. Treasury Secretary Scott Bessent announced that proposed regulations will clarify that certain individual income tax benefits, such as the Earned Income Tax Credit, Additional Child Tax Credit, American Opportunity Tax Credit, and Saver’s Match Credit, will no longer be available to illegal and non-qualified aliens. This move aims to prioritize these benefits for U.S. citizens.