Tax bill includes $1,000 baby bonus in 'Trump Accounts' — here's who is eligible
Thursday, 22 May 2025 () In a vote early Thursday, House members approved President Donald Trump's "big, beautiful" tax bill, including a new savings account for children with a one-time deposit of $1,000 from the federal government. Under the proposal, "Trump Accounts" — previously known as "Money Accounts for Growth and…
Donald Trump's sweeping tax and spending bill cleared a major hurdle as the House Budget Committee advanced it late Sunday after GOP leaders caved to demands from ultraconservatives to speed up deep Medicaid cuts. The fast-tracked work requirements could eject millions from coverage. Clean energy tax...
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House Republicans made a last-minute change to the $1,000-per-baby MAGA Accounts in their sweeping tax bill: Calling them "Trump Accounts" instead. Why it... Upworthy