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Cruz 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.
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Marietta Daily Journal broke the news in Georgia, United States on Tuesday, May 13, 2025.
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