America's 250th birthday kicks off with a split-screen reality: the Trump administration launches its signature Trump Accounts program with a $1,000 federal contribution for eligible newborns today, even as new data shows ACA marketplace enrollment has crashed by 3 million people — the steepest drop since Obamacare began.

Background

The One Big Beautiful Bill Act's Trump Accounts go live on July 4, offering families a government-backed investment vehicle....