Clinton: cradle to grave gov’t funded baby bonuses, universal health care
Hillary Clinton, the Democrat presidential frontrunner, addressing a forum of the Congressional Black Caucus declared today that every child born in the United States should get a $5,000 “baby bond” from the government to help pay for future costs of college or buying a home.
“I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that down payment on their first home,” she said.
Such liberal generosity is heartwarming—especially when the gift is paid for by others. Apparently the concepts of personal responsiblity and working for what you acheive are passé notions within the shameless realm of Democrat vote pandering.
The New York senator did not offer any estimate of the costs involved in such a taxpayer funded program. Approximately 4 million babies are born each year in the United States.
By most calculations that would be approximately $20 billion—give or take a billion or two.