Senator Ted Cruz proposes $1,000 federal investment account for...

Senator Ted Cruz proposes $1,000 federal investment account for every US newborn

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Senator Ted Cruz has proposed the Invest America Act, aiming to provide every newborn in the US with a $1,000 investment in an S&P 500-linked account. This initiative allows additional contributions and tax-deferred growth, with withdrawals permitted after age 18.

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