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Scott Bessent: “1.2 million of those [families] are eligible for the $1,000…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media

Published April 15, 2026 | Video Starts at 04:34

So with that, we have also seen with the Trump accounts, we have had 5 million families file for Trump accounts for their children. 1.2 million of those [families] are eligible for the $1,000 seed bonus. So we look forward to that picking up more and more. For those of you who haven't done it, it's easy to remember Form 4547, you can do it while you're filing your taxes. (04:34–04:40)

CLAIM

Asserts that 1.2 million families are eligible for a $1,000 seed bonus.

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.

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Scott Bessent

“Over 6 million filers have claimed no tax on tips with an average deduction of $7,100.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:06-10:12
“Over 25 million filers have claimed no tax on overtime with an average deduction of $3,100.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:12-10:18
“Over 30 million seniors have claimed the enhanced deduction for seniors with an average deduction of 7,500.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:18-10:25
“Over 1 million filers have claimed no tax on car loan interest on American cars for an average deduction of over $1,800.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:24-10:33
“There was this narrative that I think over 2 million illegal aliens have either voluntarily deported or been deported.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 19:50-20:00
“More than 45% of the filers of the returns that we have seen have had at least one of the four president's signature policies.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 03:27-03:39
“We have had 5 million families file for Trump accounts for their children.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 04:29-04:34
“As of April 12, over 53 million filers number 40. Nearly 45% claimed one of President Trump's signature tax cuts.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 09:48-09:58
“The average tax cut for filers benefiting from one of president's new tax cuts is over $800.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 09:58-10:06
“The average refund this filing season is over $3,400.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:33-10:38
“Over 34 million families have claimed Republicans enhanced child tax credit which is permanently doubled and expanded by the working…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:37-10:48
“Over 105 million filers have claimed that permanently doubled standard deduction, simplifying tax filing for millions across America.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 10:47-10:56
“70% of Americans still believe that they are overtaxed.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 11:01-11:05
“It doesn't sound like we're going to have $3 a gallon gas by summertime, which we had initially been told by the energy secretary.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 14:35-14:55
“The Straits of Vermouth have not been completely reopened.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 15:14-15:19
“Middle Eastern counterparts, finance ministers, say that once the [Straits of Vermouth] are open, they can start pumping again within one…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 15:31-15:42
“I am confident that the process that we laid out in terms of Kevin Warsh becoming the next Fed chair, he's going to have the hearing on the…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 18:21-18:33
“We have had maximum pressure on the Iranians, both on blocking paper payments into the Iranian state and going after the accounts of the…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 23:55-24:07
“We have pushed out to them the request that we want to freeze more funds of the leadership of the IRGC and any members of Iranian…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 24:27-24:40
“We have told countries that if you are buying Iranian oil, that if Iranian money is sitting in your banks, we are now willing to apply…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 24:43-24:54
“It's now up to 40 billion. It's run through the DFC and we are waiting for the ships to be able to get some symbols of normality and then…”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 25:20-25:41
“53 million Americans have used one of these new tax exemptions the president enacted.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 29:41-29:46
“This is the America First Americans, hard working Americans keeping more of their money, just like with our small businesses.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 30:53-31:03
“The trade deficit dropping with China since last summer, there's been great stability in the relationship.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 31:49-31:57
“My understanding is $127 billion [is] eligible for refunds.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 35:09-35:15
“Thanks to the Supreme Court, some of this money is going back to China.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 36:11-36:15
“West Texas crude for the front month deliveries, about $92 or $93 now.”
Press Secretary Karoline Leavitt, Scott Bessent, and Kelly Loeffler Brief Members of the Media | Uploaded April 15, 2026 | 38:47-38:53