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OhOh, Shall We Expect Higher Illegal Alien Anchor Baby Mommas Jumping the Borders to Get Thsi Money?
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Anonymous Coward |
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* By Kimberly Palmer * On Tuesday October 6, 2009, 11:52 am EDT Imagine a world where every baby received a trust fund at birth. It might sound like a fairy tale, but being born into money--or at least into a $500 savings account--could soon become reality for all children born in the United States. Lawmakers are considering a bill that would give each newborn just that, with the goal of promoting savings that would later be used for education, a first home, or retirement. Here's what you should know about the ASPIRE ("America Saving for Personal Investment, Retirement, and Education") Act: How would this program work? The ASPIRE Act would give each child born in the United States a $500 savings account. Recipients could then use that money once they were older to pay for education, a first home, or retirement. Low-income children would receive additional funding, and all participants could add to their accounts over time. [ link to finance.yahoo.com] .
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