Newsom touts Trump accounts in rare break with White House
Gov. Gavin Newsom (D-CA) spoke positively about President Donald Trump’s Trump Accounts on Friday in a rare break with the White House while touting a similar initiative in California.
TL;DR
- Governor Gavin Newsom praised President Trump's Trump Accounts program.
- He described the accounts as a tangible, results-oriented initiative beneficial for the next generation.
- Newsom encouraged people to sign up for Trump Accounts, emphasizing they are for the child's benefit, not Trump's.
- He noted the bipartisan support for the program from Senators Ted Cruz and Cory Booker.
- The Dell couple announced a $6 billion gift to the Trump Accounts.
- Newsom also promoted California's similar CalKIDS initiative and urged people to sign up for both.
- Trump Accounts are tax-deferred investment savings accounts for children, accessible after age 18.