Obama’s Social Impact Bonds: Private Money, Public Benefit
President Obama's Social Impact Bonds Could Be a Good Fit for Maryland
And now for something completely different: an exotic financial instrument designed to help vulnerable Americans — not drive them into foreclosure.
Today, the White House plans to ask Congress for permission to conduct a $100 million test of "social impact bonds," a promising, experimental investment scheme out of England designed to get better results from publicly funded social services by harnessing the discipline of the private market.
Read more here.
This article was originally published in The Baltimore Sun.
To speak with our experts on this topic, please contact:
Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or firstname.lastname@example.org
Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or email@example.com
Print: Allison Preiss (economy, education)
202.478.6331 or firstname.lastname@example.org
Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or email@example.com
Print: Chelsea Kiene (women's issues, TalkPoverty.org, faith)
202.478.5328 or firstname.lastname@example.org
Spanish-language and ethnic media: Rafael Medina
202.478.5313 or email@example.com
TV: Rachel Rosen
202.483.2675 or firstname.lastname@example.org
Radio: Sally Tucker
202.481.8103 or email@example.com