Ayanna and Senator Cory Booker reintroduced their baby bonds bill.
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.
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?
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.
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
