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The Guardian - US
The Guardian - US
World
Michela Moscufo

Can baby bonds reduce childhood poverty? California thinks so

Close up of father holding hand of baby son
Under the California program, once participants turn 18, they can receive at least $4,500 with no strings attached. Photograph: JGI/Tom Grill/Getty Images/Tetra Images RF

During the pandemic, tens of thousands of children in California lost a caregiver due to Covid. Since then, these kids, who are predominantly Black, Latino and Indigenous, have experienced instability, economic precariousness and grief that will carry long-term impacts.

This year, the state is launching an initiative aimed at helping them, as well as children who were in the foster system at the time: baby bonds.

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