dnewsgroun profile
Ground News
@dnewsgroun

President Donald Trump introduced a new savings initiative Monday as part of the pending $1.45 trillion budget package. ⁠

The pilot program, called “Invest America,” would provide $1,000 in government seed money for newborns’ index fund accounts, available to U.S. citizens born from 2025 through 2028. Contributions up to $5,000 annually could also be made by families, friends, or employers. “These men and women lead large, successful companies. And they are committed to contributing millions of dollars to the Trump account,” Trump said.⁠

The event brought together Trump, House Speaker Mike Johnson, and executives from firms including Dell, Uber, Goldman Sachs, and Robinhood. Michael Dell said his company would match the federal contribution and add a “significant gift” from his foundation. ⁠

“This is an investment in our people, their families, our communities and America’s future,” Dell said. The accounts, controlled by legal guardians until beneficiaries turn 18, allow partial withdrawal at 18 and full access by age 30.⁠

​​​🔗Head to our bio to download the Ground News app and read the full story as reported by 77 sources.

Related Posts