The idea is a straightforward one. We provide an account for every newborn in America, a $500 account.

I look forward to the day that a lot of the folks that you all talk about and cover on this network will begin to market products for these families and for these kids coming out of junior high school and high school all across the country.

If you are born into a family below the national median income, we provide you with an additional $500, and for every contribution made to a child's account below the national median income, we match it dollar for dollar - the federal government will.

Harold Ford, Jr. Quotes