There is a new plan for babies in the United States. These babies are called newborns. It is a special idea for the youngest people in the country. The plan is to help them in the future.
The government will give them money. Each baby gets one thousand dollars. This money is a gift for their future. It is for U.S. citizens born this year.
The money goes into a special account. It will stay in the account for a long time. The main idea is that the money will grow. It will become more money over many years.
This helps the baby have savings when they are an adult. It is a new law. The law wants to give young people a good start in life.