Maryland Comptroller Brooke Lierman unveiled a report Wednesday looking at the feasibility of implementing a “Baby Bonds” program in the state to help children born into low-income households.

Under one scenario, presented by the comptroller, approximately 30,000 babies born on Medicaid each year in Maryland would each be given a $7,000 seed investment. That program would require a huge investment from the state of more than $560 million.

“Too many Marylanders are locked out of wealth-building opportunities simply because of the circumstances they’re born into,” Lierman said. “Baby Bonds offer a powerful tool to help Marylanders gain their financial footing and reach their full potential.”

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Lierman also addressed th

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