“Just don’t be broke” - Ted Cruz
Ted Cruz on the "Trump Accounts":
"Take a little girl born next year—the accounts open, $1k is automatically seeded, her parents, her family, her employer puts $5,000 each year.
Assuming growth of S&P 500, which is 7% a year, by the time that little girl is 18, she will have $170,000 in that account. If she keeps saving, by the time that little girl is 35, she will have $700,000 in that account."