Can baby bonds reduce childhood poverty? California thinks so

A new initiative targets 58,000 kids who lost a caregiver or were in the foster system during the Covid pandemic

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.