Federal Retirement Savings Accounts Can Build Wealth, Fight Poverty, and Give American Seniors Dignity

Today, we don’t need flowery language from our elected leaders, or a new declaration of war against poverty. President Biden took a bold step by enacting a Child Tax Credit that drastically slashed child poverty. Now we need him and others to recognize that leaving millions of seniors in poverty is a policy choice — and so is lifting them up.

Michael Tubbs is the Founder of End Poverty in California (EPIC); the Founder of Mayors for a Guaranteed Income; and the Special Advisor to California Governor Gavin Newsom for Economic Mobility. In 2016, he was elected Mayor of Stockton at twenty-six years old. He was the city’s first African American mayor and the youngest mayor of any major city in American history. He would like to thank the Yale Law & Policy Review team for their excellent feedback and editing.