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Baby bonds could be started for low-income children

By Hicbd
Sun Jan 7 2024 10:28 am

"Democratic lawmakers in Washington are renewing a proposal to give every American child $1,000 at birth. The “baby bond” funds, called American Opportunity Accounts, would then be topped off with up to $2,000 per year, depending on a family’s income. The accounts would be federally insured and managed by the U.S. Department of the Treasury."

URL:
https://www.cnbc.com/2023/02/21/a-baby-bond-bill-calls-for-giving-every-child-1000-at-birth.html
https://www.npr.org/local/305/2021/10/21/1047946734/low-income-d-c-kids-will-get-up-to-1-000-a-year-under-new-baby-bonds-program

URL Credit

Categories:
Global Poverty Foster Care Social Welfare Policy / Human Services / Public Benefits / Safety Net Child Welfare / Protection U.S. Poverty

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