Texas Lt. Gov. Dan Patrick Proposes $1K Stock Investment for Every Newborn

Texas Lt. Gov. Dan Patrick is thinking big Texas big. This week, he unveiled a bold new proposal to give every newborn in the Lone Star State $1,000 invested in the stock market, marking a significant step toward building a generation of self-reliant, financially literate citizens. Inspired by a provision in President Trump’s recent spending bill, Patrick’s vision is clear: more capitalism, less government dependency.

Dubbed the "New Little Texan Savings Fund," the initiative would create state-funded investment accounts for each of the roughly 400,000 babies born annually in Texas. The funds would grow tax-free and become accessible at age 18 for qualified expenses like education or potentially to fuel entrepreneurial dreams.

“If I see a great idea from the President that helps Texans, my first question is always, ‘Why not do it in Texas, too?’” Patrick posted on X.

Key highlights of Patrick’s plan:

• $1,000 per newborn invested in the stock market, with gains compounding until age 18.

• Estimated cost: $400 million per year less than 1% of the state’s biennial budget.

• Goal: Amend the Texas Constitution to make it a permanent program.

Patrick’s proposal dovetails with the federal “Trump Accounts” program, created earlier this year and championed by Sen. Ted Cruz, which offers a similar $1,000 investment for all American newborns between 2025 and 2028. Add Patrick’s state-level plan, and Texas kids could receive $2,000 at birth not including additional contributions allowed from family or employers.

Even better, tech philanthropists Michael and Susan Dell have pledged $6.25 billion toward the federal effort, kicking in an extra $250 for qualifying children. If fully realized, this could give every Texas baby a significant financial head start all without expanding welfare or dependency-based programs.

Sen. Cruz praised Patrick’s proposal, calling it a way to "create a whole new generation of capitalists invested in America’s success."

Of course, not everyone is on board. Predictably, some so-called “limited government” advocates are throwing cold water on the plan. The Texas Policy Research group slammed it as a violation of liberty principles claiming it “replaces personal responsibility with state dependency” and “turns the state into an investor.”

But let’s be honest: These are not entitlement accounts. This isn’t about handouts. This is about long-term investment, compound growth, and teaching financial discipline conservative principles at their core.

Texas taxpayers aren’t footing the bill for new bureaucracies. They’re investing in a smarter, stronger, and more independent future and giving every child a shot at economic empowerment. With inflation still punishing working families and traditional savings accounts yielding little, this kind of innovation couldn’t come at a better time.

And more importantly, it flips the script on the Left’s narrative. While Democrats keep offering handouts and dependency, Republicans are offering ownership, opportunity, and economic freedom.

Patrick’s proposal is smart policy, smart politics, and a smart way to build a stronger, redder, and more prosperous Texas one newborn at a time.

Share this article or subscribe to our newsletter for more updates that promote real conservative solutions.