The proposal known as the Invest America Act sets out one of the most ambitious attempts in recent years to give every child in the United States a financial starting point from birth. It outlines a plan to create tax-advantaged accounts for newborns and to fund each one with an initial £790 (approximately $1,000) contribution from the federal government.
Supporters present it as a long-term wealth-building measure linked to education, housing, and early economic participation. But just what do we know about it?
