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Vox: Study: Cory Booker’s baby bonds nearly close the racial wealth gap for young adults

Vox, January 21st, 2019: Study: Cory Booker’s baby bonds nearly close the racial wealth gap for young adults

Booker’s plan would offer all newborns $1,000, and then add up to $2,000 annually for children in low-income households. By age 18, that could add up to serious money; Booker’s team estimates that for kids from lowest-income families, the nest egg would average some $46,000.

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