Baby Bonds

Applications are now open for financial assistance to expecting mothers in Connecticut with a household income of less than $44,000.

The program, which is the first of its kind in the U.S., will work to bridge the gap for the poorest families in Connecticut.

Recipients will be allowed to use the funds to help buy a home in the state, start a business, pay for higher education or save for their retirement.

U.S. Senator Chuck Schumer of New York wants to add more than $3 billion to the National Drug Control program.

Members of the Connecticut Congressional delegation urged their fellow lawmakers to support a federal baby bond program. It would invest $1,000 for each…