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1 week ago

Ted Cruz says Trump Accounts are 'Social Security personal accounts' that could reshape retirement

Sen. Ted Cruz, R-Texas, said that the newly created Trump accounts for newborns and young Americans could pave the way for reforms to Social Security in the future.Cruz spoke at an event during the Milken Institute Global Conference and said that the Trump accounts, which were created under the One Big Beautiful Bill Act last year and officially open this summer, will set an example that could build support for similar accounts geared towards retirement like Social Security."Here's the dirty little secret: Trump accounts are Social Security personal accounts," the senator said.Cruz said that T...

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1 week ago
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