4.3 • 11.1K Ratings
🗓️ 15 May 2025
⏱️ 49 minutes
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Huge, Transformative Victory: Invest America 401k Accounts for Every Newborn Child in America
On this jampacked episode of Verdict with Ted Cruz, Sen. Cruz celebrates 4 major victories including that his Invest America Act is included in the House reconciliation package. Learn how a child could grow $1,000 into $170,000 by 18!
Plus, special guest Brad Gerstner, CEO of Altimeter Capital, joins Sen. Cruz and Ben Ferguson on the latest episode on Verdict!
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0:00.0 | You're listening to an I-Heart podcast. |
0:06.2 | Welcome, and it is verdict with Senator Ted Cruz, Ben Ferguson. |
0:09.9 | With you and Senator, this is one of those shows. |
0:12.3 | And I just want to tell everybody, please take this show and share it wherever you can on social media because this is one of those shows that could have a massive |
0:22.3 | impact on this country dealing with a really important issue and an idea that is becoming |
0:29.8 | very close to reality that could fundamentally change this country for every single child |
0:35.3 | that's born. Well, Ben, that is exactly right. |
0:39.1 | This week was a momentous week. |
0:40.6 | It was a momentous week in Washington and in the country. |
0:43.2 | So this week, the House Ways and Means Committee, which is the Tax Writing Committee in the |
0:47.2 | House, rolled out their reconciliation bill. |
0:50.9 | And I will tell you in that bill, there were four major victories of bills that I've |
0:55.5 | introduced that I'm leading on that are all included in the House reconciliation bill. Number one, |
1:02.6 | they included my legislation on no tax on tips. No tax on tips is a promise President Trump |
1:09.2 | made. It is a powerful policy that benefits every waiter and waitress and taxi cab driver and bartender |
1:16.8 | and barber and hairstylist and nail salon beautician. |
1:23.9 | Everyone who operates on tips, it is a policy that benefits the working men and women of America and we, the Republican Party is a blue-collar party. So that is in the bill. Number two, I've been leading the fight to open up significant electromagnetic spectrum to auction to the private sector, 600 megahertz of spectrum. |
1:47.1 | When we do that, that will produce billions of dollars of new investment and hundreds of |
1:53.4 | thousands of new jobs. That is in the House bill. They've taken my pipeline language and included in |
1:58.8 | there. Number three, school choice. The House included |
2:03.7 | a version of my school choice bill that is scholarship tax credits for contributions for scholarship |
2:11.6 | granting organizations in the state. That, if it is passed, will be the most significant federal school choice legislation ever passed in |
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