If Democrat Wes Moore is elected Maryland’s governor, tackling childhood poverty is a “day one” priority for which he’s pitched an arsenal of expensive policy tools, including what could be the country’s largest “baby bonds” program to date.
Moore’s trust fund program would cost roughly $100 million per year and be seeded with $3,200 for every child born on Medicaid, which amounts to nearly 40 percent of Maryland’s infants, disproportionately those from Black and Latino families.
The proposal is among the most expansive interventions Moore has pitched to build a more equitable society in his “leave no one behind” campaign that, so far, has resonated in deeply blue Maryland. He holds a 32-percentage point lead in a recent poll over his Trump-backed opponent, Del. Dan Cox (R-Frederick).