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Republicans Propose $1,000 ‘Trump Account’ for American Babies

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.

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Financial Times

Center

Republicans propose $1,000 ‘Trump account’ for American babies

Programme with an estimated cost of $17bn and advocated by Ted Cruz aims to ‘make every new child a capitalist’

8 hours ago·London, United Kingdom

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HuffPost

Left

GOP Tax Bill Touts 'Trump Accounts' Giving $1000 To Newborns — But Experts Say It Wouldn’t Do Much For Parents

The "big, beautiful" and egotistically named "Trump Accounts" offer a flash of cash and loud branding — but not much else to really support parents.

22 hours ago·United States

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NDTV

Lean Right

US Babies To Get Nearly Rs 85,000 In 'Trump Accounts': What It Is

The account holders will be allowed to utilise the full balance for approved purposes between the 25-30 age group. After 30, they can use this amount for any purpose.

2 days ago·New Delhi, India

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CBS News

Lean Left

What to know about $1,000 "Trump accounts" for newborns included in House bill

House Republican's budget bill would create $1,000 "Trump accounts" for babies born between January 2025 and January 2029.

2 days ago

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The New York Sun

Right

‘Trump Accounts’ Strain GOP Fiscal Credibility

Not since the Biden presidency have we seen a program so off-key.

2 days ago·New York, United States

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El Tiempo Latino

Center

Newborn Program: "Trump Counts" Seeks to Encourage Investment and Capitalism

The Republican Party has taken another step in the House of Representatives by passing a bill introducing a pilot program aimed at newborns. According to the original report, this program states that every child born from the beginning of 2025 to the end of 2028 will have an investment account with tax advantages. And not only that, each account has the advantage of coming with an initial capital of $1,000. Originally called "MAGA accounts", the…

2 days ago

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