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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