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Where is the Crash?
The Compound and Friends
Connecticut Baby Bonds: A New Way to Transform the Future of Our State
Connecticut wants to set up a $3,200 trust for every eligible baby born after July 1st. To be eligible, the household income you're born into is less than $65,000. They think it'll cost $600 million over the first dozen years and then another 165 million in interest payments.
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