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Ted Cruz: “You're going to see trillions of dollars in [Trump accounts]…”

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

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State of the Union Extravaganza

Published | Video Starts at 51:07

Yeah. Today there's more than $12 trillion in 401k accounts. Trump accounts are 401ks for kids. Yeah. So in very short order, You're going to see trillions of dollars in [Trump accounts] in very short order. there. The two accelerators. One is that employers can contribute or match. And so all the employers on the CEO Council had already committed, we're going to contribute or match. (51:07–51:08)

CLAIM

Asserts that Trump accounts will accumulate trillions of dollars quickly.

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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