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Ted Cruz: “Next year, on July 4th, every child in America is going to…”

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

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A Historic Year of Victories

Published | Video Starts at 23:07

He signed it into law. And, and, and it is historic. But, but I did write the provision. And, and, and I gotta say, the impact. What's gonna happen next year? Next year, on July 4th, every child in America is going to have a personal investment account open for them. Newborn children will have a thousand dollars automatically seated into it, which is amazing. Parents, families, employers can put up to $5,000 a year in a tax advantage account. (23:07–23:15)

CLAIM

Asserts that every child in America will have a personal investment account opened on July 4th next year.

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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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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