Maryland Comptroller Brooke Lierman released a report on the feasibility and potential impacts of implementing a statewide “Baby Bonds” program.
“Baby Bonds” are a government policy providing a set amount of money at birth for children of lower-income families. In theory, that money would grow as they age.
For example, $7,000 state investment for each eligible child would grow to over $22,000 by the age of 18…