Ted Cruz: “The reality is when DHS talks about sustaining 'current funding levels,' we have no idea whether they mean the funding…”

“There is incredible momentum behind these accounts, and we are seeing more and more companies pledging to contribute to their employees’ accounts, which will only continue to help the next generation of Americans.

“When a young person turns 18 and looks at an account that has been growing alongside them their entire life, capitalism is no longer an abstract concept.

I applaud Representative Pfluger for his leadership on this critical legislation.

I was proud to join this legislation and, as Chairman of the Senate Commerce Committee, advance it through committee and support its passage by the Senate.