US EditionWhat a Guaranteed-Income Program Reveals About Cash Aid
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What a Guaranteed-Income Program Reveals About Cash Aid
A new study from Stanford University explores the effects of giving regular cash payments to low-income households in Compton, California. The program, launched during the COVID-19 pandemic, helped families feel more secure about their housing and reduced their overall spending. Many households seem to have used the extra money to pay down debt. Called the Compton Pledge, the program began in late 2020 as a partnership between then-Mayor Aja Bro…
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