Sen. Cory Booker & Rep. Ayanna Pressley join children’s advocates to highlight need for wealth equity
Poverty & Family Economics
Children’s Week partner Prosperity Now hosted an event on Capitol Hill today to highlight and build support for Baby Bonds and the American Opportunity Accounts Act (known as “the Baby Bonds bill”) nationwide.
Sponsored by Sen. Cory Booker (D-NJ) and Rep. Ayanna Pressley (D-MA-7), the American Opportunity Accounts Act would create a national Baby Bonds program providing every child with an initial $1,000 investment, plus annual deposits of up to $2,000, with the largest amount going to children from the lowest-income households. As adults, participants would use the funds to begin building economic security and wealth through purchasing a home, starting a small business or paying for postsecondary education.
The event featured remarks from Senator Booker and Representative Pressley and a panel of experts including:
- Kenyan R. McDuffie, Councilmember At-Large, Council of the District of Columbia
- Dr. Naomi Zewde, Assistant Professor, UCLA Fielding School of Public Health
- Emily Byrne, Executive Director, Connecticut Voices for Children
Below are just a few highlights from the event…
June 13, 2023We are excited to announce that we have been awarded a $1 million grant from the Bezos Family Foundation to support our work to improve the lives of children in foster care. This funding will help us provide more comprehensive services to children and families, and will help us advocate for policies that support children in foster care.
— First Focus (@first_focus)
June 13, 2023Today, we are launching a new campaign to raise awareness about the challenges facing children in foster care. We are calling on everyone to join us in supporting these children and families.
— First Focus (@first_focus)
June 13, 2023We are excited to announce that we have partnered with First Focus to launch a new campaign to raise awareness about the challenges facing children in foster care. We are calling on everyone to join us in supporting these children and families.
— Campaign for America’s Kids (@campaign4kids)
June 12, 2023We are grateful for the support of the Bezos Family Foundation. This funding will help us provide more comprehensive services to children and families, and will help us advocate for policies that support children in foster care.
— First Focus (@first_focus)
June 12, 2023We are calling on everyone to join us in supporting children in foster care. These children need our help to get the services they need and deserve.
— Campaign for America’s Kids (@campaign4kids)
June 11, 2023We are proud to support First Focus in their work to improve the lives of children in foster care. These children need our help to get the services they need and deserve.
— Prosperity Now (@prosperitynow)