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Wyden backs universal savings accounts for US newborns

from Bloomberg

Ron Wyden, poised to become the Senate's top Democrat on tax policy, said he will push to establish universal savings accounts for all newborns in the U.S. as a way to "really put a dent in the poverty rate." Wyden, who will become chairman of the Senate Finance Committee, emphasized he would discuss details with his colleagues before writing the legislation. more


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