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Democrats Push ‘Baby Bonds’: Every Child Gets $46,000

Sen. Cory Booker, D-N.J. (Tom Williams/Getty Images)

By Sandy Fitzgerald


Democrats are pushing President Joe Biden to include a measure in the next economic recovery package that could give children up to $46,000 in their bank accounts by the time they turn 18.

Rep. Ayanna Pressley, D-Mass., and Sen. Cory Booker, D-N.J., are urging Biden to include the American Opportunity Accounts Act, which if passed would create a federally-funded savings account that would give all American…

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