Proposed Senate Bill Includes $1,000 Baby Bonus in ‘Trump Accounts’
Senate Republicans on June 16 released the upper chamber’s version of President Donald Trump’s tax bill, which includes a $1,000 bonus in “Trump accounts.” According to the text of a proposal of the One Big Beautiful Bill released by the Senate Finance Committee on June 16, U.S. citizen children born after Dec. 31, 2024, and