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John,
Isn’t it maddening?
We have a solution to help close the racial wealth gap — where Black families only have 12 cents per $1 of the wealth of white families…
…But this solution is currently stalling in Congress!
Baby Bonds are that solution, a powerful federal policy long-championed by Prosperity Now. By giving every newborn a nest egg that grows up to $43,000 by time they graduate high school — for a debt-free education or starting a business — Baby Bonds could shrink the racial wealth gap from 91% to 25% in a generation.
Here at Prosperity Now, we’ve done the work to get Baby Bonds reintroduced in Congress by Sens. Cory Booker, Elizabeth Warren, and 15 other co-sponsors, and adopted by Connecticut and Washington D.C.
Baby Bonds can be the law of the land for the entire nation, which our team is working hard to do — but all of that work takes money. Making Baby Bonds a reality won’t happen without your support, which I hope you can kick-start by joining us with a contribution today.
The racial wealth divide is not normal — and neither is it accidental. It’s the consequence of a long history of economic exploitation and exclusion of people of color, and it helps consolidate wealth for only a lucky few.
But because the racial wealth gap can be defeated with bold systemic change, it’s time to get Baby Bonds on the scoreboard…especially during a time when cost-of-living is skyrocketing and families are just one crisis away from losing everything.
John, we’ve seen what our work can do in Connecticut and Washington, D.C., where Baby Bonds are already getting started on changing children’s lives.
Your support gives our team and partners the resources they need to meet with state legislators and drive media attention to make Baby Bonds a reality and seal the racial wealth gap for good.
Please, join our movement with a gift today.
Sincerely,
Marisa Calderon
President & CEO
