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GRACE & ECPCA Statement on CA Legislature’s Joint Budget Proposal

Statement by Shimica Gaskins, President & CEO of GRACE/End Child Poverty CA:

“We are celebrating today’s announcement that the legislature’s latest budget deal includes a $100 million on-going commitment for HOPE accounts. Creating HOPE accounts for the tens of thousands of California children who lost a parent to COVID and long-term foster youth provides targeted support to our state’s most vulnerable children. The creation of HOPE accounts sets California onto a path for a brighter future, as we can proudly say that we are establishing baby bonds while also building a framework the state can build upon to shrink the racial wealth gap in our state and change the trajectory for millions of California children.

“We are grateful to Senator Nancy Skinner for championing the HOPE for Children Act and to our partners, Liberation in a Generation and End Poverty in California (EPIC), for working alongside GRACE & End Child Poverty CA to fight for this critical program to remain in the final budget.

“A budget is a statement of a state’s values, and this commitment to HOPE accounts makes it clear that California values our children. We urge the Governor to move quickly to sign this budget into law to ensure we can make an immediate down payment on our promise to give every child in California a chance to succeed.”

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