Amid a flurry of behind-the-scenes Congressional activity, key researchers and policy experts have endorsed central elements of a federal children’s account policy. Shaped in large part by research at the Center for Social Development, the elements and consensus are the subjects of a new brief from CSD.
Tag: baby bonds
Michael Sherraden: We already have ‘baby bonds’
As economists float the proposal to give every newborn in the United States a “baby bond” account with between $500 to $50,000 in cash, Michael Sherraden, director of the Center for Social Development, says a solution already exists — Child Development Accounts.