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The Wall Street Publication > Blog > Politics > ICE goes broke, because of Trump
Politics

ICE goes broke, because of Trump

Editorial Board Published June 17, 2025
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ICE goes broke, because of Trump
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Immigration and Customs Enforcement could quickly be too broke to hold out President Donald Trump’s sweeping deportation agenda.

The company is already $1 billion over finances with greater than three months left within the fiscal 12 months, in keeping with Axios, and will run out of cash as quickly as July. That monetary cliff comes as Trump is demanding brokers to hold out what he calls “the single largest Mass Deportation Program in History.” The president has ordered ICE to ramp up arrests and particularly goal Democratic-led cities like Chicago and New York.

And Trump isn’t hiding how political that is. In a rambling, conspiracy-laden Reality Social publish on Sunday, he doubled down on his calls for, whereas stoking false claims about immigrants and elections.

Associated | Republicans love Trump’s plan to assault Democratic cities

“These, and other such Cities, are the core of the Democrat Power Center, where they use Illegal Aliens to expand their Voter Base, cheat in Elections, and grow the Welfare State, robbing good paying Jobs and Benefits from Hardworking American Citizens,” Trump wrote. “These Radical Left Democrats are sick in mind, hate our Country, and actually want to destroy our Inner Cities—And they are doing a good job of it! There is something wrong with them.”

What Trump isn’t saying, after all, is that this funding disaster is fully self-inflicted. ICE’s monetary meltdown is the direct results of Trump’s demand that brokers arrest 3,000 undocumented immigrants per day—a dramatic enhance from the roughly 660 per day throughout his first 100 days in workplace. That surge in enforcement has include an enormous price ticket, and a few lawmakers are accusing DHS and ICE of losing cash.

“Trump’s DHS is spending like drunken sailors,” Democratic Sen. Chris Murphy of Connecticut instructed Axios. 

With money operating out, Trump and his allies have a backup plan: to strain Congress to cross what he’s calling the “Big Beautiful Bill,” an enormous piece of laws that might, amongst different issues, ship ICE an additional $75 billion over the subsequent 5 years. The laws is much from reaching the end line; It’s at the moment being negotiated within the Senate, the place even some Republicans have raised objections, notably over Medicaid cuts buried within the textual content.

In fact, if Congress balks, Trump might sidestep them altogether. Axios experiences that Trump might declare a nationwide emergency to redirect cash to ICE from elsewhere within the authorities, simply as he did in 2020, when he funneled practically $4 billion in Pentagon funds to construct sections of his border wall.

“I have a feeling they’re going to grant themselves an exception apportionment, use the life and safety exception, and just keep burning money,” a former federal finances official instructed NPR.

Trump’s workforce has been stretching its finances authority in different methods, too. His Workplace of Administration and Finances has stopped publicly reporting the place federal cash is flowing, whereas different businesses have held again congressionally authorised funding for unrelated packages. Even with ICE in disaster, Trump continues to be discovering new methods to funnel assets into immigration enforcement—ravenous different elements of the federal government—with out the cash to pay for the surge in arrests he demanded.

Lawmakers on the appropriations subcommittee that oversees DHS say time is operating out. Assuming the company runs out of cash by July, ICE might violate the Antideficiency Act—an obscure however critical regulation that prohibits federal businesses from spending cash they haven’t been allotted by means of Congress. Violations can, in principle, set off prison costs or fines for company officers, although nobody’s ever been prosecuted underneath the statute.

“They are spending likely in the neighborhood of a billion dollars more at ICE than we authorized, and that’s patently illegal. They cannot invent money,” Murphy instructed Axios. “They cannot print money. They don’t have the money to spend that they’re spending.”

When requested by Axios whether or not DHS would possibly run afoul of the regulation, Republican Sen. John Kennedy of Louisiana mentioned, “I hope we’ll get them some money by then.”

In an announcement, DHS Assistant Secretary Tricia McLaughlin tried to shift the main target, saying the division is working to “[root] out waste, fraud, and abuse.”

“Under Secretary [Kristi] Noem’s leadership, DHS is rooting out waste, fraud, and abuse, and is reprioritizing appropriated dollars,” McLaughlin instructed Axios and different retailers. “President Trump’s ‘Big Beautiful Bill’ is critical to ensure we have the funding to secure our homeland for generations and deliver on the American people’s mandate [sic] for safety and security.”

However except that invoice passes—or Trump raids different departments for money—ICE’s mission might grind to a halt. And if that occurs, it received’t be due to Congress, or Democrats, or immigrants. It’ll be due to Trump. 

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