By Akash Biswas, 4 May 2025
A bonus is extra income, but taxed differently! Understand what you really take home.
U.S. birth rates hit a record low in 2023. High costs of living and childcare are pushing many to delay parenthood.
The plan includes a $5,000 one-time payment—either direct cash or a boost to the child tax credit.
New mothers in the U.S. may qualify. Income limits and other rules are still being decided.
If passed, the bonus could cost up to $17.9 billion a year, based on national birth numbers.
Some say $5,000 isn’t enough to boost births and question the funding and long-term impact.
Yes—nations like France and Japan offer similar payments, with mixed success in raising birth rates.