• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
North Americademographics

Trump says he wants a ‘baby boom,’ but the CBO sees deaths surpassing births in 2031 and a 320,000 hole in the population from deportations

By
Stephen Groves
Stephen Groves
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Stephen Groves
Stephen Groves
and
The Associated Press
The Associated Press
Down Arrow Button Icon
September 10, 2025, 4:10 PM ET
Donald Trump
President Donald Trump.Kevin Dietsch/Getty Images

President Donald Trump’s plans for mass deportations and other hardline immigration measures will result in roughly 320,000 people removed from the United States over the next 10 years, the nonpartisan Congressional Budget Office said Wednesday in a report that also projected that the U.S. population will grow more slowly than it had previously projected.

Recommended Video

Trump’s tax and spending law, passed by Congress and signed in July, included roughly $150 billion to ramp up his mass deportation agenda over the next four years. This includes funding for everything from an extension of the United States’ southern border wall to detention centers and thousands of additional law enforcement staff. The CBO found that 290,000 immigrants could be removed through those measures, and an additional 30,000 people could leave the U.S. voluntarily.

Coupled with a lower fertility rate in the U.S., the reduction in immigration means that the CBO’s projection of the U.S. population will be 4.5 million people lower by 2035 than the nonpartisan office had projected in January. It cautioned that its population projections are “highly uncertain,” but estimated that the U.S. will have 367 million people in 2055.

Lower immigration to the U.S. could have implications for the nation’s economy and the government’s budget. The report did not directly address those issues, but it noted that the projected population would have “fewer people ages 25 to 54 — the age group that is most likely to participate in the labor force — than the agency previously projected.”

Democrats in Congress have been warning that mass deportations could harm the U.S. economy and lead to higher prices on groceries and other goods.

In the White House, Trump has said he wants to see a “baby boom” in the U.S. and his administration has bandied about ideas for encouraging Americans to have more children. But the CBO found no indication that would happen.

“Deaths are projected to exceed births in 2031, two years earlier than previously projected,” it noted.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Stephen Groves
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in North America

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in North America

President Donald Trump pointing in front of American flags.
PoliticsDonald Trump
Trump wants to reduce CEO pay and halt billions in stock buybacks at defense contractors. Experts see him ‘asserting power’ over private sector
By Amanda GerutJanuary 13, 2026
8 hours ago
EconomyU.S. economy
Forget the K-shaped economy, market veteran Ed Yardeni says—instead, it’s boomers hoarding wealth while Gen Z struggles to build it
By Tristan BoveJanuary 12, 2026
19 hours ago
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyExxonMobil
Trump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘uninvestable’ industry
By Jordan BlumJanuary 12, 2026
19 hours ago
ali
PoliticsPost Office
Muhammad Ali once joked he should be on a stamp because ‘that’s the only way I’ll ever get licked.’ Wish granted
By Susan Haigh and The Associated PressJanuary 12, 2026
20 hours ago
powell
EconomyJobs
The 4.9% mystery: U.S. economy sees productivity surge, but drivers remain an ‘open question,’ top economist says
By Nick LichtenbergJanuary 12, 2026
20 hours ago
vervet
LawAnimals
Monkeys are on the loose in St. Louis, and AI-generated jokes are just slowing down animal control’s primate chase
By Heather Hollingsworth and The Associated PressJanuary 12, 2026
21 hours ago

Most Popular

placeholder alt text
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
1 day ago
placeholder alt text
Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
1 day ago
placeholder alt text
Success
An exec at $62 billion giant Colgate says Gen Z workers, despite getting flak for being woke and lazy, are actually ‘pushing us to get better’
By Emma BurleighJanuary 10, 2026
3 days ago
placeholder alt text
Newsletters
The oil CEO who stood up to Trump is a follower of the disciplined 'Exxon way' and has a history of blunt statements
By Jordan BlumJanuary 13, 2026
6 hours ago
placeholder alt text
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again
By Nick LichtenbergJanuary 11, 2026
2 days ago
placeholder alt text
Commentary
I run one of America's most successful remote work programs and the critics are right. Their solutions are all wrong, though
By Justin HarlanJanuary 11, 2026
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.