Trump's One Big Beautiful Bill Act Poise to Cut U.S Deficit by $28.9 Billion within 10 Years
By: Olufemi Orunsola
With the introduction of a new "Visa Integrity Fees" set at $250 for all categories of all visitors who need nonimmigrant visas to enter the U.S., such as tourists, business travelers, and international students, among others, who must pay the new fees, experts have revealed that Federal deficit may be cut down by $28.9 Billion within 10 Years.
OPEN TELEVISION NAIJA (OTN) News reports, as gathered from Fortune.com and other international sources that the new fees embedded in Trump’s One Big Beautiful Bill Act, fee cannot be waived or reduced, but travelers are able to get their fees reimbursed under the provision of the Act.
OTN News further reports that although the timeline for the implementation of the new provision is yet to be declared, it is already generating reactions from within and outside the U.S. economy.
The new fee has been designed to serve as a refundable security deposit, contingent upon visa compliance, should mitigate concerns among legitimate travelers to the U.S.
Reimbursements will be made after the travel visa expires, the provision said. Any fees not reimbursed will be deposited into America’s Checkbook, or the General Fund of the Government.
According to estimates by the Congressional Budget Office (CBO), the new fee could cut the federal deficit by $28.9 billion over the next ten years.
The CBO further highlights that during the same period, it is projected that the Department of the State will issue an estimated 120 million nonimmigrant visas, totalling a whooping $30 billion.
However, those eligible for reimbursement are visa holders who comply with conditions of the visa, which include not accepting unauthorized employment or not overstaying their visa validity date by more than five days, according to the provision.
Meanwhile, the Visa Integrity Fee, currently priced at $250 during the 2025 U.S. fiscal year, which ends September 30, and must be paid when the visa is issued, but according to the provision, the secretary of Homeland Security can set the current fee higher, the provision states.
This implies that in subsequent fiscal years, the fee will be adjusted for inflation.
Immigration experts have said that the structure appears strategically designed to enhance compliance rather than broadly restrict travel.
What's Your Reaction?
