But perhaps most consequential of all is the provision that the great big beautiful bill that we're celebrating today is beautiful because it takes care of our youth. It's called the Trump Accounts. Under this groundbreaking new policy, Every American child gets a tax-free investment savings account that can grow over the course of their childhood. and be used for them when they reach 18 or 21. And under the system, every newborn child gets $1,000 deposited in their Trump account at birth. (00:24–00:37)
CLAIM
Asserts that a new policy provides tax-free investment savings accounts for American children.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.