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<oembed><version>1.0</version><provider_name>Fasti News</provider_name><provider_url>https://www.fastinews.com/iNWS</provider_url><title>A baby bonds bonanza - Fasti News</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="izcs0R2iDv"&gt;&lt;a href="https://www.fastinews.com/iNWS/a-baby-bonds-bonanza/"&gt;A baby bonds bonanza&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.fastinews.com/iNWS/a-baby-bonds-bonanza/embed/#?secret=izcs0R2iDv" width="600" height="338" title="&#x201C;A baby bonds bonanza&#x201D; &#x2014; Fasti News" data-secret="izcs0R2iDv" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><thumbnail_url>https://www.fastinews.com/iNWS/wp-content/uploads/2025/07/art-as-well_sq-d8bcd9926f8a84660094f6fa65db1b734718a091.jpg</thumbnail_url><thumbnail_width>1900</thumbnail_width><thumbnail_height>1900</thumbnail_height><description>Baby bond fever is catching on. In recent years, states like Connecticut have been experimenting with giving newborns government-seeded accounts that grow tax-free until they are 18. Now, President Trump's signature tax and spending bill will give a thousand dollars to every U.S.-born baby through 2028. On today's show, what are baby bonds and could they help tackle wealth inequality? Related: Baby bonds, proportional representation, and no left turns Could cash payments ease recessions? Building generational wealth in rural America For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Cooper Katz McKim. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.</description></oembed>
