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Initiatives to Promote Savings from Childhood Catching On
The Washington Post; subscription may be requiredLink to more items from this source
Aug. 22, 2005
Excerpt: Legislation has been introduced in Congress that calls for the government to open a KIDS Account of at least $500 for every baby born in the United States. And President Bush's first Treasury secretary, Paul H. O'Neill, has been giving speeches around the country, promoting an even bolder plan he has devised for children's accounts that he says would guarantee every American at least $1 million by age 65, eventually eliminating the need for Social Security.

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