Top NM Democrats Not on Board with Trump's 'Baby Bonds' in Federal Budget Bill

Baby bonds economist says so-called Trump accounts ‘co-opted a good idea’

Economist Darrick Hamilton’s work shows publicly funded savings accounts for children could reduce income inequality over time. But he said the $1,000 accounts for babies that Congress approved this month were poorly designed and will benefit the wealthy. (Photo by Brandon Bell/Getty Images)  With fertility rates declining in the United States, Republicans backed a policy tucked inside the megabill President Donald Trump signed earlier this mont…

How To Build A Baby Boom

President Donald Trump’s “Big Beautiful Bill” signed into law earlier this month includes a $1,000 Trump Account for every newborn; a bold move aimed at encouraging Americans to have more children. It’s a powerful gesture from the President of the United States to invest in babies and families. But if our leaders are serious about reversing America’s declining birth rate, they’ll need to go beyond one-time bonuses. Because while financial incent…

Baby bonds economist says so-called Trump accounts ‘co-opted a good idea’ • Michigan Advance

Economist Darrick Hamilton’s work shows publicly funded savings accounts for children could reduce income inequality over time. But he said the $1,000 accounts for babies that Congress approved this month were poorly designed and will benefit the wealthy. (Photo by Brandon Bell/Getty Images)  With fertility rates declining in the United States, Republicans backed a policy tucked inside the megabill President Donald Trump signed earlier this mont…

Top NM Democrats not on board with Trump's 'baby bonds' in federal budget bill

SANTA FE — Tucked deep in the hotly debated Big Beautiful Bill that President Donald Trump signed this month is a provision establishing $1,000-per-child investment accounts for babies born during Trump’s second term.

Baby bonds economist says so-called Trump accounts ‘co-opted a good idea’ • Missouri Independent

Economist Darrick Hamilton’s work shows publicly funded savings accounts for children could reduce income inequality over time. But he said the $1,000 accounts for babies that Congress approved this month were poorly designed and will benefit the wealthy. (Photo by Brandon Bell/Getty Images)  With fertility rates declining in the United States, Republicans backed a policy tucked inside the megabill President Donald Trump signed earlier this mont…