Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Senator Ted Cruz proposes giving every newborn $1,000 in a taxable investment account.

flag Senator Ted Cruz proposes legislation that would give every newborn in the U.S. a $1,000 investment account, allowing annual contributions up to $5,000. flag The funds would be invested in a stock index fund, with withdrawals taxed as capital gains upon reaching 18. flag Critics argue the plan would increase the deficit and expand the welfare state, while supporters see it as a way to boost financial security and create a generation of capitalists.

8 Articles

Further Reading