Last week, my friend Senator John Fetterman and I stood on a court at the 6th Man Center — a Philadelphia Youth Basketball facility in North Philly — watching dozens of children crowd around their phones grinning.They weren’t watching a video or playing a game.
They were looking for investment accounts in their own names — accounts that give them a real stake in America’s future and become available on July 4.Parents can celebrate Independence Day knowing that their children are eligible for a Trump Account: a $1,000 Treasury seed for every child born between 2025 and 2028, and another $250 for children ten and under in lower-income communities, funded not by Washington but by philanthropy.These accounts were created a year ago as part of President Trump’s Working Families Tax Cuts Act, for which I cast the deciding vote in the Senate.Alongside no tax on tips or overtime and new tax credits for school choice and childcare, these measures are a down payment on the American Dream.
They are also proof that we can share American prosperity without sacrificing the free markets and individual liberty on which this country was founded.'THE VIEW' CO-HOST SUNNY HOSTIN PRAISES TRUMP FOR 'GOOD POLICIES' ON FERTILITY CARE AND CHILD SAVINGS ACCOUNTSCapitalism is the greatest engine of prosperity and human flourishing the world has ever known.No economic system has lifted more people out of poverty, rewarded more work and innovation, or created more opportunity for ordinary people to build better lives.
But to preserve that system — and the prosperity it makes possible — more Americans must have a real stake in its success.Today, too many Americans are helping build this country’s future without sharing meaningfully in its upside.Since the global financial crisis, the top one percent’s share of the nation’s wealth has climbed from about 27 percent to 32 percent.
That same one percent now owns roughly half of all the stock in America; the bottom half of h...