Evening Edition: Could ‘Trump Accounts’ Spark An American Baby Boom?
Earlier this week, President Donald Trump launched the “Trump Accounts” savings program for children. With a $6.25 billion investment from Michael and Susan Dell and the passage of the “Big Beautiful Bill” this past summer, every newborn becomes eligible for $1,000, which is invested in the stock market by private firms. This money can be accessed when the child turns 18. The Trump administration and its supporters say the program will help children from low-income households build wealth and even plan for retirement.
Fox Business contributor Gary Kaltbaum joins the FOX News Rundown: Evening Edition to break down the Trump Accounts, how they could improve America’s financial literacy, and whether they could encourage families to have even more children.
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