Giving Tuesday Goes Big as Trump Accounts Aim to Transform Generational Wealth

1. Trump Accounts Initiative Announcement: President Trump introduces “Trump Accounts,” a savings and investment program for children. Historic Donation: Michael and Susan Dell pledge $6.25 billion , giving $250 each to 25 million U.S. children . Purpose: To encourage early investing, financial literacy, and wealth-building for future generations. Structure: Accounts will be private property, controlled by guardians, and track the stock market. Federal government will also contribute $1,000 per newborn . Impact: Framed as transformative for middle- and lower-income families, potentially changing the country’s financial culture in one generation. 2. Tariff Revenue and Tax Reform Trump claims tariff revenues will become so substantial that income tax could be abolished or drastically reduced . Plans include: Sending $2,000 checks to most Americans before the 2026 midterms. Using tariffs to fund government operations instead of income tax. Political Pushback: Some Republicans argue funds should reduce national debt rather than fund stimulus checks. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening X: https://x.com/benfergusonshow See omnystudio.com/listener for privacy information.