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Tag: wealthgap

US Politics

The Hollow Promise of 'Trump Accounts': Trading Safety Nets for Stock Market Bets

President Trump is touting the new 'Trump Accounts,' government-backed investment accounts for children seeded with $1,000 from the U.S. Treasury, though some parents report delays in receiving the promised funds. This cynical program, which slashes vital safety nets to fund a stock-market handout, is a hollow political stunt that does nothing to address the immediate, crushing needs of America's most vulnerable families and children.