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Ted Cruz: “Employers can contribute or match [to Trump accounts].”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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State of the Union Extravaganza

Published | Video Starts at 51:31

Trump accounts are 401ks for kids. Yeah. So in very short order, you're going to see trillions of dollars in there. The two accelerators. One is that Employers can contribute or match [to Trump accounts]. And so all the employers on the CEO Council had already committed, we're going to contribute or match. This is going to become a ubiquitous, a standard employee benefit, just like a 401k contribution is a pretty standard employee benefit. (51:31–51:40)

CLAIM

Asserts that employers have the option to contribute or match contributions to Trump accounts.

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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About PolitiQuote

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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