Guaranteed Income Program Provides Stipend To Combat Pandemic Woes

The video discusses a guaranteed income program in Richmond, VA, aimed at helping residents who earn too much to qualify for federal aid but still struggle financially. Peggy Morris, a crossing guard and tutor, shares her positive experience with the program, which provides $500 monthly. The program is funded by the CARES Act and private foundations. Mayor Levar Stoney, who has a personal connection to the issue, supports the initiative as a means to disrupt poverty cycles. The program targets the 'Cliff effect' and aims to provide financial stability to working individuals.

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