2025-12-03
26 分钟There's always two sides in American politics.
This is one big, ugly bill.
This gift is being made possible by the largest tax cuts in American history.
And that was the biggest, most consequential bill they say ever passed.
But the legacy of this bill is also billions of dollars handed out to American newborns.
Welcome to World Business Report from the BBC World Service.
I'm Ed Butler and today we're looking at the specifics of Invest America,
a controversial new White House initiative to give millions to American infants and give them the power to invest.
Also in the show we'll have the pre-installed tracking app that's now mandatory on all Indian cell phones and why the Tamagotchi is making a comeback.
All of that to come,
but President Trump has today been unveiling his administration's new plan to create investment accounts for millions of U.S.
children.
And into the process, it is hoped to create a new generation of capitalists.
The initiative, tucked into the domestic policy mega bill, the great big beautiful bill,
as Republicans have liked to call it, is aimed at building nest eggs for kids.
The government provides each newborn over the next four years a thousand dollars in seed money,
and also,
it should be added,
Private Thelanford is the computer billionaire Michael Dell and his wife Susan are going to be.
Chipping in with no less than six billion dollars of their own money Two hundred and fifty dollars per child to more children born before 2025 the government is hoping to convince young people generally and their families of the benefits of Investing in stocks and shares the president outlined the plans at the White House just a short time ago Trump accounts will be the First,