US EditionWhat to know about the $1,000-per-child ‘Trump accounts’
- The House approved the One Big Beautiful Bill Act, which renames newborn savings plans as Trump Accounts starting in 2026.
- The bill proposes a $1,000 initial government deposit into savings accounts for newborns arriving from 2025 through 2029 to help counteract the decline in U.S. Fertility rates.
- The Trump Accounts are tax-advantaged savings accounts that allow parents to contribute up to $5,000 annually, invested in U.S. Stock index funds for future education or home buying.
- Senator Ted Cruz highlighted that the accounts offer children the powerful benefit of growth over time, enabling them to build substantial wealth in a life-changing way, while Trump described the legislation as the most important law ever enacted in the United States.
- The bill faces Senate opposition and criticism from Democrats over the renaming, suggesting political motives and possible midterm election consequences.
27 Articles
27 Articles
He Is Colombian and Self-Deported to the United States and Never Received the $1,000 Trump Promised: “I’m Waiting”
A Colombian migrant who self-deported from the United States denounces that he did not receive the $1000 economic incentive promised by the Donald Trump government.The Republican initiative, called the Return to Home Project, seeks to reduce the costs of forced deportations.The promise of Donald Trump's self-deportation bonusPresident Trump announced in April a new “voluntary self-deportation” program that offers travel assistance and compensati…
What to know about the $1,000-per-child 'Trump accounts'
(NEXSTAR) – Among the 1,000-plus pages of President Trump's tax bill is a proposal that would put federal money into accounts for babies born during his second term. Initially dubbed "Money Accounts for Growth and Advancement" (MAGA), the savings proposal was recently renamed "Trump account." Sen. Ted Cruz (R-TX), who is credited with coming up with the idea, calls the $1,000 investments "transformative" for future generations. “There are many A…
Trump's $1,000 baby accounts are an obvious political gimmick that's actually a great idea
A new proposal in the House Republicans‘ spending bill aims to provide every newborn American with a $1,000 investment account. It could be a significant shift in approach to wealth building for future generations. According to MSNBC, under the proposed legislation, babies born between January 2024 and December 2028 would receive $1,000 in special investment accounts, now known as Trump Accounts. These funds would be invested in financial market…
The U.S. Wants More Babies—And Thinks a ‘Motherhood Medal’ Will Help
The U.S. is worried people aren’t having enough babies. One of the more baffling ideas being floated to fix that? A shiny new “National Medal of Motherhood” for women who raise big families. Is this a joke? The idea, reportedly pitched to the White House by pro-natalist couple Simone and Malcolm Collins, landed with a loud thud. In a recent Yahoo/YouGov poll, 71 percent of women said “no thanks” to the medal. It was the least popular option of s…
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