[KarlInOhio]

Here's the fiscal funny business part. In addition to the initial $1000 at birth, there is an additional yearly payment depending on income. The video showed

Income. Annual payment. Total at 18
Up to $25,100        2,000.       46,215
31,375.       1,500.        35,081
43,925.        1,000.        23,948
56,475.        500.        12,185
81,575.        250.        7,248
125,751.        0.        1,681

The interest rate is about 2.9%.

Now combine this baby bond with the $67,600 debt the child is born with.

[DannyTN]

I didn’t see the annual payment.

I think the annual payment should be lower or non existent. And the 2.9% does imply they are investing in treasuries.