US EditionCruz Proposes Bill to Create Government-Funded Savings Accounts for U.S. Children
- Senator Ted Cruz introduced the Invest America Act in 2025 to establish government-funded investment accounts for American children at birth.
- The bill responds to concerns about declining U.S. birth rates and financial insecurity, with preliminary 2024 births just over 3.6 million compared to nearly 4 million in 2014.
- The Act would provide a $1,000 federal seed investment per child born between 2024 and 2028 into a tax-deferred index fund tracking the S&P 500, with up to $5,000 additional annual contributions allowed.
- Cruz emphasized that the Invest America Act will bring significant and lasting improvements to the economic well-being and individual rights of Americans for many years, noting widespread Republican backing and its inclusion in the House budget plan.
- The program aims to enhance long-term prosperity and savings for families amid rising household debt and low personal savings, potentially benefiting low- and middle-income households and improving economic participation.
46 Articles
46 Articles
The Truth Behind Trump’s MAGA Savings Plan: Who Gets the Money and Why
There’s a new proposal floating around in Congress that’s turning heads — and it has to do with giving newborns a financial boost right out of the gate. It’s called the MAGA Account, which stands for Money Account for Growth and Advancement. Whether you love or hate the name, the idea behind it is pretty simple: give kids a $1,000 head start to build on over time. Here’s what’s actually in the proposal, who qualifies, and why it matters. So, Wha…
Dallas News
New Hampshire Union LeaderTed Cruz: Investment accounts for newborns would make them into future capitalists
U.S. Sen. Ted Cruz, R-Texas, unveiled legislation that would create investment funds for American babies, seeded with $1,000 from the federal government.
Didn't Obama Try to Do This? Why Invest America Could Actually Work—and Change the Country
Back in 2014, President Obama proposed a program called MyRA. It was meant to help working Americans—especially those without access to a 401(k)—save for retirement. It was safe, backed by the Treasury, and structured like a Roth IRA. But it never really took off. Only about 30,000 people signed up before the program was shut down in 2017. Fast forward to 2025, and a new idea is gaining steam: the Invest America Act, introduced by Senator Ted Cr…
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