Economics Daily

Bessent Touts an ‘Incredible Supplement’ to Social Security

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I’m Chris Anstey, an economics editor in Boston. Today, with Philip Aldrick we’re looking at state-backed savings accounts for the next generation. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.

One of the smaller elements of the tax-and-spending bill the US president signed last month came into the full political spotlight this week: so-called Trump accounts aimed at boosting savings for the next generation of Americans.