. Experts also noted fewer

“MAGA” is shorthand for Trump’s signature line, “Make America Great Again.” But in this case, it means “Money Accounts for Growth and Advancement.”For parents or guardians who open new “MAGA” accounts for their children, the federal government will contribute $1,000 for babies born between Jan. 1, 2024 and Dec. 31, 2028.

Families could add $5,000 a year, with the account holders unable to take distributions before age 18. Then, they could access up to 50% of the money to pay for higher education, training and first-time home purchases. At age 30, account holders have access to the full balance of the account for any purpose.The legislation would provide $46.5 billion to revive construction of Trump’s wall along the U.S.-Mexico border, and more money for the deportation agenda.There’s $4 billion to hire an additional 3,000 new Border Patrol agents as well as 5,000 new customs officers, and $2.1 billion for signing and retention bonuses. There’s also funds for 10,000 more Immigration and Customs Enforcement officers and investigators.

It includes major changes to immigration policy, imposing a $1,000 fee on migrants seeking asylum — something the nation has never done, putting it on par with few others, including Australia and Iran.Overall, the plan is to remove 1 million immigrants annually and house 100,000 people in detention centers.

in new money for the Defense Department and national security.

It would provide $25 billion for Trump’s “Golden Dome for America,” a long-envisioned missile defense shield, $21 billion to restock the nation’s ammunition arsenal, $34 billion to expand the naval fleet with more shipbuilding and some $5 billion for border security.That’s offset by $1.9 trillion in savings largely from the rollback of green energy tax credits, for a net tally of $3.7 trillion in costs over the decade, according to the most recent estimates — along with billions more in savings from the safety net cuts

Additionally, the Republicans are boosting spending on their GOP priorities, withand funding for the Pentagon.

At the same time, the Republicans are seeking to defray the lost tax revenue and avoid skyrocketing national deficits by with another GOP goal, which is scaling back federal spending.The Republicans are proposing cuts of nearly $800 billion over the decade to the Medicaid health care program, which is used by 70 million Americans; $290 billion to food aid in the Supplemental Nutrition Assistance Program, known as SNAP; and others.