By Rayna Reid Rayford ·Updated February 17, 2023
This week, Representative Ayanna Pressley (D-MA) and Senator Cory Booker (D-NJ) re-introduced the American Opportunity Accounts Act, also known as the “baby bonds” bill, “which would create a federally funded savings account for every American child.”
Sen. Booker first introduced the bill language during the 116th Congress, and then again during the 117th Congress alongside Rep. Pressley; but, “[i]n both sessions,