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Ted Cruz: “Starting next year, July 4th of next year, the 250th…”

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

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Ted Cruz and Tulsi Gabbard Discuss Alleged Obama Administration Hoax and Major Legislative Victories

Published | Video Starts at 36:39

And then the final number 12 are the Trump accounts, the Invest America accounts. Again, I wrote this provision. This could fundamentally change this country. By the way, Starting next year, July 4th of next year, the 250th anniversary of the United States of America, every child in America will have a personal investment account. Every newborn child will have it seeded with $1,000. Parents, family, employers can contribute up to $5,000 a year in a tax advantaged account. (36:39–36:51)

CLAIM

Asserts that every child will have a personal investment account starting 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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