Democrats Propose ‘Baby Bonds’ in Wealth Redistribution Scheme

Why not confront the larger problem instead of making children wait 18 years for relief as inflation eats away at their bonds’ value?

Via Wikimedia Commons
A baby bond from 1879. Via Wikimedia Commons

Although prices are proving to be stubbornly high despite the promises of President Biden and his party in Congress that the Inflation-Reduction Act would offer Americans relief, Democrats on Capitol Hill are suggesting billions of dollars in new taxes and spending, banking that earmarking it for infants will make it an easy sell.

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