Dell Family Donates $6B to Seed 25M 'Trump Accounts'

A billionaire-backed scheme to privatize Social Security, or a powerful financial start for America's children?

Published 2 hours ago

Dell Family Donates $6B to Seed 25M 'Trump Accounts'

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Above: Michael Dell, Speaker of the House Mike Johnson (R-La.), Susan Dell and President Donald Trump at the White House on Dec. 2, 2025. Image credit: Chip Somodevilla/Getty Images

The Spin

Democratic narrative

Trump accounts are nothing more than a massive grift by billionaires who'll never face consequences for their actions. This scheme is a backdoor attempt to privatize Social Security, gutting the promise seniors earned while dismantling the program as we know it. The entire presidency operates as a vehicle for mega-wealthy donors to reshape policy for their benefit.

The Daily Beast

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Republican narrative

Trump accounts give 25 million American children a powerful financial start that could grow to $191,000 by age 18 and over $2 million by retirement. This program teaches kids about saving early while keeping the government's hands off their money. Investing in youth through these accounts creates hope and prosperity for generations to come.

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Cynical narrative

Last week's debate over America's "real" poverty line has given way to a new frenzy — the Trump account and the Dell family's $6.25 billion boost. Suddenly, every newborn has skin in the market, and every pundit has a theory. Will families invest, squander or simply hope for the best? No one knows — but the experiment has already begun.

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