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Ted Cruz: “The kids of a single mom waiting table can accumulate…”

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

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State of the Union Extravaganza

Published | Video Starts at 54:48

Yeah. What makes the Trump account so incredibly potent is we're starting at age zero, we're starting at babies. So you've got a time horizon where The kids of a single mom waiting table can accumulate hundreds of thousands and even millions of dollars. And so for philanthropy, the math is powerful. If you put another thousand dollars in at the outset, it really, really grows. And so that's something that is going to be really significant. (54:48–54:57)

CLAIM

Asserts that children from low-income families can accumulate significant wealth through 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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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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