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State lawmakers consider "baby bonds" to address wealth gap
City Inside/Out: Baby bonds?
2/4/202229:03

State lawmakers are debating whether to create the Washington Future Fund trust to help solve intergenerational poverty. The plan to set up baby bonds for infants born under Apple Health, to be used for higher education, entrepreneurship or home ownership when they become adults, is being scrutinized for its promise to close the state's wealth gap.

Guests:

Yasmin Trudeau, WA State Senator (D-27th)
Michelle Caldier, WA State Representative (R-26th)
Mike Pellicciotti, WA State Treasurer
Paul Guppy, VP-Research, WA Policy Center 

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