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Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.

Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popular UBI model.

By: Business Insider

Feb 27 2024
7
335 Views

Bob Casey.Alex Wong/Getty Images

Sen. Bob Casey wants to set up automatic savings accounts for every baby in the US.
His "401Kids" proposal is similar to the concept of baby bonds an… [+3429 chars]
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