President Donald Trump honored Texas billionaires Michael and Susan Dell at the White House on Tuesday on the heels of their donation of $6.25 billion toward 25 million “Trump Accounts”, an initiative aimed at increasing the nation’s low birth and marriage rates.
The Dell donations will put $250 toward accounts for children ages 10 and younger who do not qualify for a $1,000 one-time contribution into a tax-deferred, low-cost index fund account that will then track the overall stock market. To qualify for the Dell donation, the children must live in an area where the median household income is less than $150,000.
The president opened his remarks Tuesday by referring to Dell, the founder of Dell Technologies, as a “legend.”
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“Trump accounts will be the first,
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