Cory Booker wants to give 'baby bonds' to every newborn. Here's how that would work
April 25, 2019 at 08:00 AM EDT
Booker's so-called baby bonds proposal, which has quickly become a centerpiece of his campaign, would provide every child born in the U.S. with a $1,000 savings account. Proponents of the plan say it would narrow the country's racial wealth gap.