Trump’s ‘Big, Beautiful Bill’ proposal offers ‘MAGA accounts’ with $1K for newborns

A draft of President Trump’s “Big, Beautiful Bill” includes a proposal to establish so-called “MAGA” savings accounts for children. The pilot program — described as the “money account for growth and advancement” or “MAGA account” in the GOP bill released on Monday — would give every baby with a Social Security number born in the...