Baby bonds are a transformational investment to help Rhode Island prosper

Championed by state Treasurer James Diossa, the program would provide a modest nest egg for young adults, and over time, would decrease pressure on the state budget and social programs, he says.

By: The Boston Globe

May 06 2024
43
5041 Views

One such policy is the baby bonds model, which invests money on behalf of qualifying newborn Rhode Islanders. Those investments would grow along with each child, becoming available for wealth-buildin… [+2971 chars]

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