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Benzinga
Benzinga
Business
Ananya Gairola

Invest America Act Gives $1,000 To Every US Newborn's Investment Account: Dell CEO Calls It 'Future-Proofing Prosperity,' Sam Altman Asks For 'More Stuff Like This'

Sam Altman SP America United States Michael Dell Warren Buffett
Sam Altman

Starting July 4, 2026—the nation's 250th birthday—every child born in the U.S. will receive a $1,000 government-funded investment account, thanks to the newly passed Invest America Act.

What Happened: The legislation, introduced by Sen. Ted Cruz (R-Texas) and backed by President Donald Trump, aims to build generational wealth by seeding every American newborn with a tax-advantaged investment in the S&P 500.

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