From AyannaPressley.com <[email protected]>
Subject Did you know this?
Date March 6, 2023 6:47 PM
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[1]Ayanna Pressley

Did you
know that Black families with children, on average, have a penny of wealth
for every dollar that white families with children have?

That’s why Ayanna and Senator Cory Booker reintroduced their baby bonds
bill, which would close the racial wealth gap and break cycles of
generational poverty.

[ [link removed] ]Baby bonds programs are gaining traction in cities and states
nationwide — but we need to show how many people support Ayanna’s bill as
she works to get it passed on the federal level. Will you add your name to
show your support?

[ [link removed] ]Add your name

Let’s make it plain: The racial wealth gap is the result of generations of
precise, intentional, and discriminatory policies. But if we can legislate
harm, we can legislate healing.

The American Opportunity Accounts Act — or baby bonds — are a critical
wealth-building tool to help close the racial wealth gap and provide more
opportunity for all American children. This bill would:

* Provide every child a baby bond, seeded with $1,000, that every year
(depending on family income) would receive up to an additional $2,000
and accrue interest over time.
* Allow account holders to access their funds starting at age 18 for any
eligible wealth-building activities — like homeownership, paying for
higher or continuing education, investing in a small business, or even
saving for retirement.

Black lives and Black wealth matter. With your support, we can advance
policies like baby bonds that will help close the racial wealth gap.

[ [link removed] ]Add your name to support the American Opportunity Accounts Act now.

Thank you for fighting by Ayanna’s side as she advocates and legislates
for racial and economic justice.

In solidarity,

The A-Team


 




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