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Ted Cruz: “Starting on July 4th of this year, every kid in America is…”

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

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Trump Accounts Launched to Help America's Kids Save & Invest Millions plus Media Lie about Minnea...

Published | Video Starts at 01:29

… their choice, for kids trapped in failing schools to be able to get out of those schools and get an excellent education. That is transformative. And for the Trump accounts, Starting on July 4th of this year, every kid in America is going to have a private investment account open for them. Newborn kids are going to have it seeded with $1,000. And then parents and family and employers can contribute $5,000 a year in a tax advantage account. (01:29–01:38)

CLAIM

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

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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