When Congress passed section 401k of the ERISA, I don't know that anyone realized how much it would change retirement plans. There's now trillions of dollars in 401k plans. They're There are going to be trillions of dollars in these [Trump accounts]. These are 401ks for kids. And Mr. President, these Trump accounts exist because you signed them. Thank you for your leadership. It's an honor to work with you. (03:59–04:02)
CLAIM
Asserts that there will be trillions of dollars in these Trump accounts.
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