Trump reportedly considering increasing taxes on Americans who make over $1 million a year

The White House has been reviewing proposals aimed at encouraging more Americans to marry and have children, as part of an initiative pushed by outside groups concerned with the country’s declining birth rate.

Among the ideas presented to White House advisers is a $5,000 “baby bonus” to be given to every mother after childbirth.

“Sounds like a good idea to me,” President Donald Trump said Tuesday when asked about the proposal.

President Donald Trump speaks in the Oval Office during the swearing-in ceremony of SEC Chairman Paul Atkins, April 22, 2025.
Saul Loeb/AFP via Getty Images

When asked by ABC News about the various proposals under consideration, White House Press Secretary Karoline Leavitt said the president is “proudly implementing policies to uplift American families.”

“The president wants America to be a country where all children can safely grow up and achieve the American dream,” Leavitt said. “As a mother myself, I am proud to work for a president who is taking significant action to leave a better country for the next generation.”

Sources noted that while some of the proposals are being evaluated, Trump has not made any final decisions.

A White House official directed ABC News to policies already enacted by the administration, including an executive order to improve access to in vitro fertilization (IVF), while cautioning against directly linking outside proposals to the administration.

The Trump administration has made growing the American family a central theme, repeatedly stressing the need to increase the national birth rate.

On the campaign trail, Trump dubbed himself the “King of IVF,” and joked in March that he might go down as the “fertilization president.”

tastytrade logo+
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.