Outlook Business Desk
The Trump administration is planning to give a one-time $5,000 payment to families for each new child, according to a report in The New York Times. It aims to ease financial pressure and encourage childbirth in the US.
The US birthrate has dropped steadily over the years. The new plan aims to address concerns about long-term population decline and workforce shortages.
30% of Fulbright scholarships may be reserved for married applicants or parents, helping them continue their education without pausing family life.
Plans include expanding tax breaks for parents, including increased child tax credits and deductions to make raising children more affordable.
Karoline Leavitt, the White House press secretary, said, “the President wants America to be a country where all children can safely grow up and achieve the American dream.”
The administration plans to channel federal funds toward education, childcare and housing for parents, positioning it as a long-term investment in America’s future.
Donald Trump, who has five kids, is joined by Elon Musk—father of 14 children—and JD Vance in supporting pro-family policies. All three say boosting birth rates is the key to America’s future.
The proposal is still in early stages. If implemented, it could reshape US family policy and influence how future administrations address population trends.