A baby bonds bonanza

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• 00:01

  NPR. Oh, Adrian, look at all these precious sleeping babies.

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  These newborns are just snoozing away in the hospital nursery,

• 00:22

  their whole lives stretching before them.

• 00:25

  Aww, it's a lovely scene, Waylon.

• 00:27

  But...

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  But wait, I think I see something peeking out from one of those bassinets.

• 00:33

  Looks like a piece of paper that says...

• 00:36

  This baby is entitled to a trust fund from the US government.

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  And not just that baby, all the babies!

• 00:44

  That's right, look under your bassinets, babies!

• 00:47

  You get a trust fund, you get a trust fund, and you get a trust fund!

• 00:51

  This is The Indicator from Planet Money.

• 00:53

  I'm Oprah Winfrey.

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  And I'm Adrian Ma.

• 00:57

  Here on the show,

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  we've been looking at different parts of President Trump's huge Tax and Spending Act.

• 01:03

  Today, we're looking at investment accounts for newborns.

• 01:07

  For the next four years, babies born in the U.S. will get $1,000 from the government.

• 01:11

  The state of Connecticut already does this,

• 01:14

  but the state and federal programs have different aims and potentially different outcomes.

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