Politics
Sen. Cruz Discusses Trump Accounts and Social Security
Senator Ted Cruz of Texas proposed that accounts created for children born from 2025 to 2028 could potentially lead to the privatization of Social Security, allowing individuals to invest their payroll taxes in the stock market.
Coverage timeline — 1 article
The Hill
Sen. Ted Cruz (R-Texas) says that Trump accounts for children born from 2025 to 2028 could open the door to Americans paying their payroll taxes into personal accounts invested in the stock market instead of to the federal government, which has borrowed from the Social Security trust fund for years.
2026-05-08 20:24 UTC