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THE CAUSE OF THE FIRE REMAINS
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UNDER INVESTIGATION.
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APPROACH TO TACKLE INCOME
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INEQUALITY WILL BE A REALITY IN
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STOCKTON.
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THE ECONOMIC EMPOWERMENT
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DEMONSTRATION OR SEED PROGRAM
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WILL PROVIDE $500 A MONTH TO
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SELECT FAMILIES FOR 18 MONTHS.
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WE ARE LIVE IN THE NEWS ROOM
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WITH DETAILS.
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Reporter: THIS UNIVERSAL
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BASIC INCOME PROJECT STARTS IN
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NOVEMBER.
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A THOUSAND NOTICES WILL BE
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MAILED OUT TO FAMILIES IN
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STOCKTON NEIGHBORHOODS WITH A
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MEDIAN ANNUAL INCOME OF $46,000
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OR LESS TO LET RESIDENTS THEY
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QUALIFY FOR THE PROGRAM.
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RANDOMLY SELECTED THE FIRST
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100 RECIPIENT.
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Reporter: FREE CASH TO FIGHT
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INCOME INEQUALITY.
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FOLKS WHO QUALIFY WILL BE
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FOLKS THAT LIVE IN
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NEIGHBORHOODS THAT ARE AT OR
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BELOW THE AREA MEDIAN INCOME
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FOR THE CITY, WHICH IS $46,000.
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Reporter: AFTER MONTHS OF
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BOUNCING AROUUD THE IDEA,
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STOCKTON IS ROLLING OUT THE
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PARAMETERS OF ITS NEW SEED
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PROGRAM, WHICH THE MAYOR CALLS
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AN INNOVATIVE WAY TO HELP THE
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ONE IN FOUR FAMILIES LIVING
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BELOW THE POVERTY LINE.
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IN CALIFORNIA, THE COST OF
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LIVING IS 41% HIGHER THAN THE
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REST OF THE NATION.
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HOUSING COSTS WERE 109% HIGHER
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THAN THE REST OF THE NATION.
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AND WITH THAT BEING SAID, 40%
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OF CALIFORNIANS DON'T HAVE
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SAVINGS.
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Reporter: BACK IN FEBRUARY,
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THE MAYOR TALKED ABOUT THE
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PROGRAM ON CBS THIS MORNING,
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WHERE HE RESPONDED TO CRITICS.
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YOU KIND OF KNOW THE FIRST
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STOP OF THE CRITICISM IS GIVE
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PEOPLE MONEY THEY WOULDN'T
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WORK.
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IT'S JUST A WELFARE PROGRAM.
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THE RESEARCH SAYS SOMETHING
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DIFFERENT.
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THERE'S A STUDY DONE, I FOUND
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4000 TO $6000 A YEAR DID GOOD
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THINGS FOR THE FOLKS,
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EDUCATIONAL ATTAINMENT ROSE.
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Reporter: HOW IS THE PROGRAM
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BEING PAID FOR?
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IT WILL COME BY THE CITY'S
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INCOME SECURITY PROJECT.