How Baby Bonds Could Help Americans Start Adulthood Strong and Narrow the Racial Wealth Gap
By Kilolo Kijakazi and Alexander Carther of Urban Institute
How would a Federal Baby Bonds bill work and be paid for? The Urban Institute provides a brief analysis explaining how Senator Booker’s bill, based on the concept developed by Darrick Hamilton, could increase wealth and reduce the wealth gap increasing opportunity for all. Consider the case made for this concept and whether your organization would support the effort.