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Accumulate and hold onto assets Print E-mail

Eliminate assets tests

Eliminate assets tests for public assistance programs  By requiring Minnesotans to deplete savings and give up automobiles and other goods, programs designed to help people out of crisis instead become a factor in turning a crisis into a permanent set back.  The asset and income tests for public health care programs, for instance, require the disabled to impoverish themselves before they can get the health care coverage the private market does not make available.

Download PDF with a table comparing state policies.


Expand Savings

Expand Individual Development Accounts:  Match savings by low income households to build accounts to pay for education, a home or a business start up. Visit site.

Baby Bonds

Establish “Baby Bonds”  Money deposited at the birth of every child – families and non-profits can contribute; children in low income families would have more generous public matches; the accounts could be spent on college, homes or to start a business.


Skills2Compete

Skills2Compete is a guarantee of two years of post-secondary education. Every worker should have access to the equivalent of at least two years of education or training past high school, leading to a vocational credential, industry certification or one’s first two years of college.

Rebuild Community

Community development initiatives that build new relationships between citizens—

  • Circles of Support
  • http://www.communityactionduluth.org/what_we_offer/circles_of_support.html
  • http://www.kootasca.org/circles.html
  • http://www.wcainc.org/circles.html

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