Friday, September 28, 2007 at 5:44 pm
Hillary Clinton and Baby Bonds
Hillary Clinton makes a stir by telling a Congressional Black Caucus forum that every child born in the country should receive a $5,000 baby bond to help pay the costs of college or buying a home. However, it is not the first time she has made this proposal. It was also part of the American Dream Initiative that she put forward at a DLC convention last year, though the figure she was talking about then was $1,000 on the installment plan--$500 at birth, followed by $500 at age 10. Campaign spokesman Phil Singer says it is "not a firm policy proposal, but an idea under consideration." (And also worth mentioning, it's an idea that our esteemed managing editor proposed recently, though Rick Stengel would tie it to national service.)
Republicans do not immediately rush to endorse the idea, and it gives Drudge another screaming Hillary headline. Rudy Giuliani, on Sean Hannity's radio show, says not every kid needs the money: "This is a campaign based on pandering to the point where I think they think the American people are stupid.”
About Swampland
Recent Posts
Swampland - TIME.com Archives
RSS Feed
Daily Email
More TIME Blogs
Top Stories
- Five Reasons for Hope in Iraq
- Will Mumbai Chill the India-Pakistan Thaw?
- What's Really at Stake in Georgia's Senate Runoff
- How to Prevent Another Mumbai
- The Detroit Three's Slow Trip Back to Washington
- Getting Paid for Your A's
- An Ode to Taschen in Rhyming Couplets
- Detroit Bailout Fueling Trade Tensions with Europe
- Watching Clinton's Transition at State
- Napolitano: A Safe Pair of Hands for Homeland Security
Top Photoessays and Slideshows
- Life Returns to the Streets of Iraq
- Venice Floods
- Pictures of the Week
- 20th Century Britain
- Mumbai Sifts Through the Rubble
- Two Days of Terror in Mumbai
- Over 100 Dead as Terrorist Attacks Overwhelm Mumbai
- Photos: The Kitsch of Thanksgiving
- Animated Movies: Not Just for Kids
- Photos: Anbar Sheiks Come Together
Leave a Reply
You must be logged in to post a comment.