WASHINGTON, Aug. 10 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C. - The Working Families Tax Cuts are giving millions of American children a head start on saving for their future. Treasury Secretary Scott Bessent recently announced that enrollment in Trump Accounts - a new type of tax advantaged individual savings and investment account established under the Working Families Tax Cuts to begin building financial security for America's children beginning at birth - has already reached 7 million children. Eighty-six percent of those accounts belong to families earning less than $200,000 a year-proof that this investment is reaching the families who need it most.
"Republicans created Trump Ac...