S 1718 · 119th Congress

Invest America Act

The Invest America Act creates a new type of savings account called an 'Invest America Account' that works similarly to existing retirement accounts but with a unique twist—the federal government deposits $1,000 into each account for babies born after July 4, 2026. Here's how it works: Parents or guardians can contr…

Sponsor

Cruz, Ted (R-Texas)

Introduced

2025-05-12

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.