TRUMP ACCOUNTS FOR CHILDREN

On 2026-07-21, Representative Joe Wilson (R-SC-2) delivered a floor speech titled "TRUMP ACCOUNTS FOR CHILDREN" in the House.

TRUMP ACCOUNTS FOR CHILDREN

Congressional Record, Volume 172 Issue 119 (Tuesday, July 21, 2026) [Congressional Record Volume 172, Number 119 (Tuesday, July 21, 2026)] [House] [Page H4697] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] TRUMP ACCOUNTS FOR CHILDREN (Mr. WILSON of South Carolina asked and was given permission to address the House for 1 minute and to revise and extend his remarks.) Mr. WILSON of South Carolina. 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. ____________________