The money would be paid into a universal savings account. Alamy Stock Photo

Should the government give every baby €1,000 at birth?

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FINE GAEL LAUNCHED its election manifesto yesterday, which included a plan for the State to give every newborn baby €1,000.

The party outlined a plan to pay €1,000 into an ‘acorn savings account’ for all newborns, and €1,500 for children from disadvantaged backgrounds, to tackle inequality among children.

The universal savings account would have a 4% interest rate, with parents allowed to add a further €2,000 each year.

So today we’re asking: Should the government give every baby €1,000 at birth?


Poll Results:

No (7461)
Yes (2369)
Unsure (697)

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