Unlike virtually every other government-spending program sold as an “investment in the future,” Trump Accounts look to fit that bill — with 401(k)-style investment accounts for newborns that can teach the value of saving (and the power of compound interest) from the cradle on.
With Nicki Minaj bringing added star power, President Donald Trump led Wednesday’s summit promoting the new accounts, which officially launch July 4, as part of the nation’s 250th birthday celebrations — fitting, as the accounts are very much about nurturing continued prosperity for the Republic.
Indeed, as House Speaker Mike Johnson notes, they encapsulate such core American values as “the belief that everybody gets a shot. And the simple but powerful idea that if you work hard and play by the rules, you can improve the standing of your family in one generation.”
Funded as a two-year pilot under the “One Big Beautiful Bill,” the program puts $1,000 into a new account for each child born in the four years 2025-’28, with provisions for parents, their employers and outside sponsors to add more.
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