Latest / US News Today | 2 Min News | The Daily News Now!
Newsom Pushes Trump Accounts for Kids | US News
California Governor Gavin Newsom is pushing families to enroll in a new federal program called Trump Accounts — a tax-advantaged savings plan that gives every child born between 2025 and 2028 a $1,000 seed deposit. Despite his history of suing the Trump administration, Newsom framed it as a bipartisan win and praised Senators Cruz and Booker for backing it. The initiative is already attracting big private investment, including from billionaire Michael Dell, and the Treasury will auto-create accounts starting in October. Newsom also promoted California’s own CalKIDS program, which has already…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.