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Donald Trump: “Under that bill, the federal government will also…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Makes Announcement on Federal Savings Accounts for Children

Published | Video Starts at 06:22

And we said, let's try doing it once. And we did and people were surprised, but we got it done. So I congratulate you guys. Amazing job. Under that bill, the federal government will also automatically be making a one-time seat contribution of $1,000 into the tax-deferred Trump accounts for every newborn US citizen. fulfilling a promise I made in the 2024 campaign. Trump accounts should grow to be worth many thousands of dollars by the time the child is 18 and even more by the time they are 20 or even 30 years old. (06:22–06:40)

CLAIM

Asserts that the federal government will contribute $1,000 to Trump Accounts for every newborn US citizen.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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