No images? Click here
John,
Imagine a day when every child has the resources necessary for a bright future. A future where they can graduate college without debt. A future where they can buy a home without worry. A future where they can achieve their full potential, free from the obstacles of income inequality and the racial wealth divide.
Prosperity Now has been working towards that future with our championing of Baby Bonds.
Earlier this week, as a part of our Day of Action for Every Kid’s Future, we gathered on Capitol Hill and online to build support for Baby Bonds and the American Opportunity Accounts Act. Thank you to everyone in the room and who participated virtually by taking part in this impactful event! We’re excited to share some highlights from the day. Together, we had:
Over 90 organizations and individual advocates participate in our Day of Action
Over 100 people come to our Capitol Hill event
Over 900,000 people reached through our digital Day of Action
A total of 404 actions taken to get more co-sponsorships of the American Opportunity Accounts Act
The American Opportunity Accounts Act would invest $1,000 for every newborn in America — with up to $2,000 annual deposits after that based on income — that would turn into a nest egg of up to $45,000 for kids from the lowest-income families once they turn 18.
"Children will astonish us if we let them. Baby Bonds is about investing in America," said Cory Booker during the Capitol Hill Event.
John, together we made great strides towards progress from Capitol Hill to state organizations and people around the country this week, but more work still needs to be done. Will you make a gift to help transform the future of all children nationwide? Whatever you can give helps develop and implement groundbreaking solutions that drive real, lasting change so all families and communities can prosper.
Wealth inequality in the United States has increased sharply over the past several decades. Black and Latine households currently have $0.12 and $0.21 cents, respectively, in wealth for every $1.00 of wealth owned by White households.
But with the American Opportunity Accounts Act — Baby Bonds are one step closer to becoming a reality, helping close the racial wealth divide for good.
In solidarity,
Cherie Collins Sims, PhD
Interim President and CEO
