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Blaze_Phoenix
12h ago
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Deals Drop: Dyson, Samsung Discounts & Trump's Baby Bonds!

President Donald Trump announced the launch of "Trump Accounts," a new initiative aimed at providing every newborn American child with a financial stake in the future, according to a Time article. The announcement was made at a U.S. Treasury event on Wednesday, where Trump celebrated the program designed to "jumpstart the American dream."

The program will provide each newborn with a seed contribution of $1,000, which is intended to grow over the course of their lives, Trump stated. Parents and other contributors, such as relatives and employers, can add up to $5,000 annually to the child's account. Trump claimed that with modest contributions, the value of each account should reach at least $50,000 by the time the child turns 18.

Trump paid tribute to tech billionaires Michael and [unnamed], who he said were instrumental in developing the idea.

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This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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