Claire Cain Miller
speaker
184 appearances
1 recordings
1 series
first heard Jul 2026
last heard 24 Jul
Claire Cain Miller’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
More recently, there were two bills, one from the right and one from the left, trying to start these accounts.
One was from Cory Booker, a Democrat, who proposed the idea of baby bonds, where all babies would get a certain amount and then babies born in low-income families would get even more to try to close that wealth gap.
And then another idea came from someone on the opposite side of the aisle, Ted Cruz, who proposed an idea that looks very much like the version of Trump accounts that we now have in this bill.
Right.
And I think it reflects something that I've been observing covering family policy, which is that politicians in general talk about the importance of family.
They talk a lot about family values.
But in general, Democrats have been more willing to invest government resources in family policies.
Things like paid family leave or universal child care or an expanded child tax credit.
More recently, though, Republicans have been more willing to do that, realizing that if they want to address some of their priorities, like banning abortions and increasing fertility, that working families might need some help.
And this policy is one way that they thought they could do that.
Exactly.
So there are people on the right who have been loudly advocating for accounts like these, and they got the Trump administration's ear during the writing of the tax bill.
There's a group called Invest America that had this idea, and from what I understand, it appealed to people in the administration for two main reasons.
Okay.
One is that it relies on the free markets to grow money for Americans.
Instead of just government handouts, though babies born in his second term do get the $1,000, it's mostly about the compounding returns from the stock market instead of using taxpayer money to support families and children.
A second reason is that it gives people choice on how they spend the money.
Republicans have generally been opposed to family policies that only provide for one way of caring for children.
For example, subsidized child care, which some worry encourages parents to work outside the home.
Instead, they prefer policies that provide choice, basically giving families money so that they can choose for themselves and their children how they spend it.
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