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Vermont’s Baby Bond Pilot | Montpelier News
Vermont’s bold new initiative, First Steps Forward, is set to transform childhood poverty with a three-year pilot starting next summer in the Northeast Kingdom—where Medicaid births are highest. Families will get diapers, mental health support, cash aid, and every newborn in poverty will receive a $3,200 baby bond to fund future opportunities. Backed by private partnerships and led by the Treasurer’s Office, this holistic, early-intervention strategy aims to break the cycle of poverty, boost rural economic development, and eventually expand statewide to ensure every child in Vermont gets a…
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