SENATE, HOUSE PROPSE STARTING SAVINGS FROM BIRTH

SENATE, HOUSE PROPSE STARTING SAVINGS FROM BIRTH

Sen. Jim DeMint, R-SC, introduces legislation that would create a savings account, with some initial government funding, for every child born after Dec. 31, 2006, during a news conference on Capitol Hill on April 21, 2005. The bill is intended to encourage national savings, which is currently very low. (UPI Photo/Roger L. Wollenberg)