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The Independent UK

Gustaf Kilander

Trump’s ‘big beautiful bill’ proposes a MAGA bank account for kids. What does it mean?

Donald Trump MAGA Harvard University Ted Cruz Republican Party

What President Donald Trump has referred to as his “big beautiful bill,” currently being shepherded through Congress, includes a proposal for a “MAGA” savings account for children.

The savings account name stands for “money account for growth and advancement,” but shares an acronym with the Trump slogan, “Make America Great Again.”

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