In a groundbreaking move, former U.S. President Donald Trump has signed the Build Back Better (BBB) Bill into action once again, with one of the most talked-about provisions being a $1,000 savings grant for every newborn child in the U.S. between 2025 and 2029.
According to the bill, each child born within that timeframe will receive $1,000 deposited into a government-backed account, set to grow with interest and investment returns over time.
Experts say by the time these babies reach retirement age, the funds could grow to a massive $490,000 or more, depending on interest and inflation trends.
A Lifelong Financial Kickstart
The initiative aims to bridge the wealth gap, promote financial equity, and provide children with a future financial safety net, which could help with college, business startups, or retirement.
Trump called it “a new American legacy that puts children first.”
While supporters are applauding the move, critics question how sustainable the program will be and whether it’ll survive after 2029.
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