Trump’s ‘big beautiful bill’ includes 401K-style MAGA accounts for new babies
Fox News Conform Congressal Mapplent Chad Pergram reports Capitol Hill, where Republicans are trying to speed up the “big, beautiful bill” of President Donald Trump.
Monday Spokeswoman Carolin Levit detailed President Donald Trump’s “Big, Beautiful Bill”, which wrote the accounts of “Maga” savings for new parents.
1,116-page legislative package that will make Trump 2017 tax cuts until 2026 and several Other promises of campaigns The main commission of the Budget of the Chief House has been narrowed by voting on Sunday evening. Private house Mike Johnson, R-la.
The bill includes an offer, Sen. Ted Cruz, R-Texas, It would create something called Maga Account Introduction Pilot Program.
White House Spokesman Carolin Levit, James S. At a press conference at the Brad’s press conference on Monday, 2025 May 19. (Samuel Corm / Bloomberg Getty Images / Getty Images)
“Simply put, a big, beautiful bill of President Trump will be good for working America,” Levit said on Monday. “This one large, beautiful bill is also a family. This will increase the child’s tax credit for $ 2,500 for one child, an electoral savings account for newborns will be added to $ 1,000 for newborns. “
Maga, while the motto of Trump’s “re-reversal” is like the pilot program refers to “growth and promotion of the dram.”
“This is a lot of family legislation. Does that increase the child’s tax credit, but he also includes Magla Children’s Savings, which was born to 200-year-old sanctions, as “contribution is an American act”. “And when this tax provision becomes a law, the child will be if his parents strive to do so will be built by savings.”
“In fact, it’s 401K for a newborn baby,” Levit continued. “The child’s relatives, their parents can pay a full $ 5,000 for $ 5,000.
White House Spokesman Carolin Levit is negotiating journalists on May 19, 20255, on the forthcoming call of Russian President Vladimir Putin and Congress on the forthcoming call of Congress. (Chip Somodevilla / Getty Images / Getty Images)
The idea of ​​Trump to make Americans again again, making experts Mixed reviews
Is New York Times: It is reported that the White House was discussing policy experts and lawyers how to persuade more Americans to have children. The conservative cultural movement aimed at reducing the birth rate and promoting traditional family values, found the supporters between the administration and its allies, including JD Vance.
The main obstacle to the “Great Beautiful Bill” Republican Consensus is how soon the focus can be carried out for working adults. In the current package, these requirements will not take effect until 2029, although Johnson mentioned that he would like to apply the settlement as soon as possible.
The bill left the budget committee on Sunday, 17-16 votes. The same four Republicans in the package last week voted “present” on Sunday night. They were answers. Chip Roy, Leader for Freedom of the House of Texas. South Carolina Ralph Need; Okshlahoma of Josh Brove; and representative Andrew Georgian Klede.
Hakops S. Breddy’s press briefing room journalist issues Monday, 2025 May 19, 2025 (Samuel Corm / Bloomberg Getty Images / Getty Images)
On Monday, Levetit said that if the Democrats get their way, the trumpet taxes be extended, the Americans will stand the biggest tax increase in history. “
“One big, beautiful bill also provides Critical MEDICAID PROTECTION, Which will strengthen and maintain the program for decades to come to the waste, fraud and abuse to eliminate the grave. Medicaid will no longer use barbaric gender emission procedures, and 1.4 million illegal foreigners who currently receive Medicaid benefits to keep it for hard working American citizens, “said Levit.
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“President Trump and Republicans support the pharmaceutical benefits for pregnant women, children, disabled, low-income elders and more vulnerable Americans. And that’s what Democrats are. “Protection of the main Medicaid, which will stop financing the accumulations of transgender madness and illegal foreigners.”
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