Trump is touting his new “Trump Accounts” plan as part of the Big Beautiful Bill Act. The plan would provide $1,000 to every baby born in America between 2025 and 2029 in a tax deferred account that allows matching each year of up to $5,000. It’s a way to encourage savings at a young age and works similar to the successful 529 education funds, but there are key differences. Today we dissect the plan and reveal how it’s mostly political theater. It’s another giveaway to Wall Street that increases inequality because of the way it’s structured. But there’s another reason why the GOP is so keen to pass this plan that has nothing to do with making babies rich, and everything to do with erasing entitlements. Access the episode resources . Resources Congress: H.R.1 - One Big Beautiful Bill Act MarketWatch Guides: How Much Is the Average American Saving? UNFTR Resources Pulling Apart the GOP Budget. Video: Why is Trump Giving Babies $1000 Just For Being Born? -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook , Bluesky , TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com . Join our Discord at unftr.com/discord . Become a member at unftr.com/memberships . Buy yourself some Unf*cking Coffee at shop.unftr.com . Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations . Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility . Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media ( mannyfacesmedia.com ). Original music is by Tom McGovern ( tommcgovern.com ). The show is hosted by Max and distributed by 99. Support the show: https://www.unftr.com/memberships See omnystudio.com/listener for privacy information.
