Ted Cruz: “Cory Booker, a Democrat, had proposed previously baby bonds…”

“This is what got me excited about this idea. You know, there had been ideas like Cory Booker, a Democrat, had proposed previously baby bonds, basically putting money in a savings account for kids. And look, that has some value. But it's not nearly as exciting as this because what really makes this potent is that this money is invested in the stock market.” (17:27–17:36)

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.