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WATCH LIVE: Trump makes announcement on ‘Trump accounts’ for babies as Dell family pledges more than $6 billion

WATCH LIVE: Trump makes announcement on ‘Trump accounts’ for babies as Dell family pledges more than $6 billion

Summary

Billionaires Michael and Susan Dell pledged $6.25 billion to set up investment accounts for 25 million American children under 10. This program, called "Trump Accounts," is part of President Donald Trump's tax and spending plan.

Key Facts

  • Michael and Susan Dell pledged $6.25 billion for children’s investment accounts.
  • The program targets 25 million American children under 10 years old.
  • The funding comes from private sources and is managed by private companies.
  • These accounts are part of President Trump's tax and spending plan.
  • The plan passed into law on July 4.
  • The initiative is called “Trump Accounts.”
  • It represents one of the largest single charitable commitments to U.S. children.

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