Trump to Cut $1,000 Checks for Everyone Born Between These Years—Does Your Birthday Make the Cut?
President Donald Trump has introduced a major domestic policy initiative called “Trump Accounts.” This program would provide a $1,000 government-funded investment account for every U.S. child born between 2025 and 2028, designed to track stock market performance.
The accounts would be controlled by the child’s guardians, who could also contribute up to $5,000 annually. The goal is to help families build long-term wealth, with the potential for significant growth by the time the child reaches adulthood.
The proposal is part of a larger legislative package that includes tax cuts for service workers on tips, overtime, and auto loan interest for American-made vehicles. It also expands the child tax credit.
To fund these initiatives, the bill includes cuts to Medicaid and SNAP benefits, which critics argue could reduce healthcare coverage for millions. Supporters say these changes prevent waste and redirect funds toward investment.
The legislation narrowly passed the House but faces challenges in the Senate, where some Republicans and Democrats have expressed concerns over its cost and social program reductions.
Elon Musk, who previously advised the administration on efficiency, publicly criticized the plan, arguing it contradicts efforts to reduce government spending.
If enacted, the program could impact an estimated 15 million children, representing a significant shift in how government approaches wealth-building and family support.
