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Ted Cruz: “Treasury had not yet put out any guidance that Trump…”

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

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Historic Week Launching Trump Accounts for every Kid in America—the Inside Story behind this Land...

Published | Video Starts at 22:39

I think the growth trajectory of especially those tech stocks historically has been incredibly high and I think it's likely to continue to be very, very high. But Treasury had not yet put out any guidance that Trump accounts could accept single stock gifts. So that was the second issue. And then the third issue was Auto Enroll. I wrote this bill so that every child In America, all 70 million kids, would automatically … (22:39–22:48)

CLAIM

Asserts that the Treasury had not issued guidance on Trump accounts accepting single stock gifts.

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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