📰 PRESS RELEASE Jason S. Arnold Backs Presidential Child Savings Initiative—And Proposes a $500 Boost for All New York Newborns Date: June 10, 2025 Contact: (516) 586-0660 | jaysarnold@icloud.com Campaign Site: JSA2026.com Old Bethpage, NY — Jason S. Arnold, candidate for Governor of New York, released a statement today in support of the President’s proposed federal program to deposit $1,000 into a savings account for every child born in the United States. But Arnold says New York must do more—and under his administration, it will. “If Washington is putting up $1,000, New York will match it halfway. As Governor, I will allocate an additional $500 per newborn, deposited into the same secure savings account structure—giving every New York child a total of $1,500 to start life with dignity and direction.” Arnold emphasized that the $500 state contribution will be locked in until the child turns 18, with strict use guidelines: • College or trade school tuition • First-time home down payments • Small business startup capital Funds will not be available for withdrawal by parents or guardians and cannot be garnished, taxed, or redirected by the state. “We don’t need more ‘programs’—we need future-proofing. Every child born in New York deserves a financial head start, not just a Medicaid card and a flyer about broken systems.” This initiative will be part of the Every Child Empowered Act, Arnold’s broader education and opportunity agenda, which includes a tuition-free university campus, reform of child welfare services, and long-term wealth-building strategies for working families. “This is about respect. It’s about saying to every parent: ‘We see your child. We believe in their future. And we’re not just talking—we’re investing.’” The proposed plan will be fully detailed in Volume XII of the upcoming Commonwealth Budget Series, expected later this month. https://jsa2026.com/jason-s-arnold-backs-child-savings-initiative-with-500-state-match-jsa2026/