We passed the working families tax cuts to do something really, really simple, and that is let Americans keep more of their money. And we did it for everyday Americans. So If you're a newborn, you're seeing a new Trump tax account worth $1,000 that has the chance to grow into a quarter million by retirement. If you're graduating high school, you can now use the Pell Grants for trade schools and community college, not just a four year degree. (14:47–15:00)
CLAIM
Asserts the creation of a new tax account for newborns with potential growth to a quarter million dollars.
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.