President promotes 'Trump Accounts' initiative at metro Atlanta school

[00:00:00]Top story at 4:00. President Donald Trump. He is here in Marietta at Wheeler High School.

[00:00:05]>> That's right. So, the president is promoting his new Trump Accounts initiative. He says it would give every eligible American child a governmentf funed investment account.

[00:00:14]>> That's right. We want to head in live right now to take a look at uh the president there, President Donald Trump at the podium in Willer High School. We want to take a listen. 700,000 Georgia workers saved an average of over $3,000 thanks to no tax on overtime. And 500,000 Georgia seniors paid zero dollars on their social security benefits thanks to no tax on social security.

[00:00:41]But perhaps most consequential of all is the provision that the great big beautiful bill that we're celebrating today. It's something that's beautiful.

[00:00:50]It's beautiful because it takes care of our youth. It's called the Trump Accounts and it's hot as a pistol.

[00:00:57]It's hot as a pistol. And under this groundbreaking new policy, every American child gets a tax-free investment savings account that can grow over the course of their childhood and be used for them when they reach 18 or 21. Their parents, grandparents, employers, and loved ones can contribute up to $5,000 a year. And with the modest contribution, these accounts will reach hundreds of thousands of dollars for these young people by the time they get to, let's say, 18, let's say, 21. But by the time they're just young adults, they could be worth hundreds of thousands of dollars. Most likely will be. And for decades, Washington politicians gave our children absolutely nothing but debt.

[00:01:43]But the Trump accounts we're finally seeing and ensuring that every young American gets a great start in life and a really fair shot at the American dream, which is what we all want. They all aspire to that.

[00:02:03]And under the system, every newborn child gets $1,000 deposited in their Trump account at birth. Think of that.

[00:02:11]from the United States government.

[00:02:14]Figure that the government is finally giving money back to our children.

[00:02:22]You think that was easy to get from Democrats. Not easy. Actually, they didn't vote for it. They didn't I don't think we got one vote. We got it a unanimous Republican vote. We didn't get any Democrat votes. I don't think. But they they have a hard time justifying all of the things that they've done. But the government gives them $1,000 at birth and from there it just uh goes up and up and up and lots of people like the employers can put money into their children's accounts of the employees.

[00:02:50]It's a beautiful thing and I'm seeing it and again over 7 million and it really just started I would say Scott a few weeks ago because it was all all of the very you know complex legal governmental things were worked out about 3 4 weeks ago and we have over 7 million people already children already so that's great and I want to just tell you that generous individuals like Michael and Susan in Dell. Brad Gerner and so many others have donated billions of dollars to fund Trump accounts for millions of children.

[00:03:28]Some people are going to take and take the children from states the entire state like Gersonner is looking at the state of Indiana where he contributes the money for these are wealthy people.

[00:03:41]They've made a lot of money. They're putting it back. But Michael and Susan, they're two special, incredible people, as an example, donated 6 billion, $250 million into the accounts for youth.

[00:03:53]They gave them four youth, Michael Dell, Susan Dell, 6 billion, 250 million. I have a friend, he gave 50 million. I said, "That's peanuts. That's not even close to the 250 million that Michael Dell gave." I said, "What are you doing? You can do better than that.

[00:04:14]But people are loving it. And you know what I say? Go out and buy a Dell computer, okay? Because as far as I'm concerned, that's great stuff.

[00:04:25]And the Trump Accounts app for those that want is now the number one app in all of America. Isn't that nice for our youth? People are doing it. It just caught on.

[00:04:35]>> All right. So, you've been in the past 18 days. President Donald Trump speaking live there at Wheeler High School. you see a sea of supporters behind him. Uh, a lot of folks in Cobb County really excited to see the president there. He was just speaking about his Trump accounts. The accounts uh that he was just explaining was $1,000 into an account for a child. Uh, every >> every eligible American baby that's born here in the United States, they get $1,000. Not quite sure when they can actually have access to it. He talked about when they're 18 or or possibly 21.

[00:05:07]>> Yeah. something new that uh is available to parents now that had to sign up for it. But just as many supporters as we saw there, of course, there are some who do not like that the president.

[00:05:17]>> Yeah, that's right. So, we should also point this out just to be balanced here.

[00:05:20]Not everyone is on board with President Trump's visit here to Metro Atlanta.

[00:05:24]This is a look at people outside rallying earlier today. However, there were some supporters outside of the event as well. And inside the event, as you just heard, we're going to have a lot more coming from both sides. That's on 11 Alive News at 5.

[00:05:38]>> Oh, and did you guys know it happens to be an election year, right?

[00:05:40]>> Okay. Okay.

[00:05:41]>> So, a lot a lot happening. We will continue streaming President Trump's visit on the 11 Alive app. The app is free to download on your TV or smart