Trump Accounts CNBC interview

    by Jolyon: Donald Trump

    During a CNBC interview, Donald Trump outlined his 'Trump Accounts' proposal, which envisions children born into poverty growing up to find six figures in government seed money, supplemented by billions in donations from figures like Michael Dell. The plan aims to jumpstart wealth-building from birth.

    Transcript (en)

    Child has no money, and when that baby becomes a man or a woman, they can have hundreds of thousands of dollars, maybe more, but they can have hundreds of thousands of dollars because we're seeding it. And guys like Michael Dell and Susan, his wife, they were so, so strong for it. But think of it. He's putting up six billion, two hundred and fifty million. That's tremendous. I don't care how rich you are. That's a lot of money. And he wants to do it again. And others are. So, again, I just spoke literally just spoke yesterday to Micron, hot company. Great guy. What a great guy. and he said we're putting up 250 million into the Trump accounts. So many companies are doing it and I mean kids that won't have any money when they turn 18 or 21 have a chance of being sort of rich. It's an amazing thing and it's been very successful.