Following first-round data from October, new spending data once again demonstrate case for recurring cash payments
Stockton Economic Empowerment Demonstration (SEED), the nation’s first mayor-led guaranteed income initiative, has released spending data through March 2020, highlighting how guaranteed income payments were spent as Stockton recipients prepared for and weathered the global COVID-19 crisis.
“This data show that recurring guaranteed income allowed recipients to weather the first month of pandemic,” said Stockton Mayor Michael Tubbs. “I am proud to be in partnership with the Stockton community to further demonstrate how unconditional cash provides people the agency to make the right decisions […]
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