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00:00I want to thank you for being here as we discuss one of the most exciting parts of the one big

00:04beautiful bill, the Trump Accounts, as they call it, pilot program, which will make it possible

00:09for countless American children to have a strong start in life. For every U.S. citizen born after

00:16December 31st, 2024, before January 1st, 2029, the federal government will make a one-time

00:23contribution of $1,000 into a tax-deferred account that will track the overall stock market.

00:30This is a pro-family initiative that will help millions of Americans harness the strength

00:34of our economy to lift up the next generation. They are fully funded through targeted reforms

00:40in the one big beautiful bill, like the $1.7 trillion in mandatory savings, welfare reforms

00:46to stop waste and fraud, a 3.5% remittance tax, and more.

00:51This legislation is geared for hard-working Americans, and it is going to help everybody.

00:56We see the Invest America Act and the establishment of these Trump Accounts as a simple yet powerful

01:02way to transform lives.

01:05This initiative gets at the core of binding those future generations to the benefits and

01:11the potential of America's great companies and markets.

01:14The one big beautiful bill is among the most important pieces of legislation in our country's

01:18history.