CNBC Television published this video item, entitled “Behind the proposal to give every U.S. baby $1,000 at birth” – below is their description.
“Baby bonds” have become one proposal to help close the racial wealth gap between Black and white families in the United States. Unlike regular bonds, they’re not a debt instrument traded in the public markets. Instead, the policy proposal creates a federally funded trust fund account for every newborn baby in the U.S.
CNBC Television YouTube Channel
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