Continue fighting to create 'baby bonds' — a federally funded savings account for every child born in America — to close the racial wealth gap.
Stated position. What this official has said they believe on this issue — a sourced claim, shown distinctly from any assessment of what they did. It is never scored and never affects the Integrity Score.
Derived from a tracked promise: “Continue fighting to create 'baby bonds' — a federally funded savings account for every child born in America — to close the racial wealth g…”
Sources
- GovInfo (American Opportunity Accounts Act, 118th Congress)https://www.govinfo.gov/content/pkg/BILLS-118hr1041ih/html/BILLS-118hr1041ih.htm ↗
“the Secretary shall transfer $1,000 to the AO account of the individual”
- Cory Booker for Senate (campaign site)https://corybooker.com/about-cory/ ↗
“authored the American Opportunity Accounts Act, a 'baby bonds' proposal, which would virtually close the racial wealth gap by funding a federally-backed savings account for every child born in America.”
- Office of U.S. Senator Cory Booker (senate.gov)https://www.booker.senate.gov/news/press/booker-pressley-reintroduce-bicameral-baby-bonds-legislation-to-tackle-wealth-inequality ↗
“U.S. Senator Cory Booker (D-N.J.) and U.S. Representative Ayanna Pressley (D-MA) today reintroduced the American Opportunity Accounts Act”