Discussion · House of Representatives
Joe Wilson Republican
“Republicans created new savings accounts for children. Families can put in up to $5,000 a year, and the government will give $1,000 to babies born from 2025 to 2028. At 18, they can spend it on college, a home, or a business. Also, Donald Trump is keeping us safe, standing up to Vladimir Putin, and helping Ukraine win.”
“Mr. Speaker, led by President Donald Trump, Speaker Mike Johnson, and House Republicans, the Working Families Tax Cut Act created Trump Accounts, giving families the opportunity to invest in the future of their children. The account is a new tax-deferred opportunity for children under 18, providing retirement savings. Contributions can add up to $5,000 a year. Additional support is provided by leading companies and generous philanthropists. Children born between 2025 and 2028 will be eligible for a one-time, $1,000 Federal Government deposit. Once the child turns 18, they can use the money for expenses such as education, first home purchases, starting a business, or other use. Mr. Speaker, in conclusion, God bless our troops. Trump is reinstituting peace through strength, revealing war criminal Putin lies, insulting Trump, mocking Trump, providing targeting intelligence to Iran to murder American troops, and leading President Trump to endorse the Lindsey Graham sanctions act to enable victory for Ukrainians.”
Mr. Speaker, led by President Donald Trump, Speaker Mike Johnson, and House Republicans, the Working Families Tax Cut Act created Trump Accounts, giving families the opportunity to invest in the future of their children. The account is a new tax-deferred opportunity for children under 18, providing retirement savings. Contributions can add up to $5,000 a year. Additional support is provided by leading companies and generous philanthropists. Children born between 2025 and 2028 will be eligible for a one-time, $1,000 Federal Government deposit. Once the child turns 18, they can use the money for expenses such as education, first home purchases, starting a business, or other use. Mr. Speaker, in conclusion, God bless our troops. Trump is reinstituting peace through strength, revealing war criminal Putin lies, insulting Trump, mocking Trump, providing targeting intelligence to Iran to murder American troops, and leading President Trump to endorse the Lindsey Graham sanctions act to enable victory for Ukrainians.