The CA Workforce Mobility and Savings Initiative, reforms the asset
limit in the California Work Opportunity and Responsibility to Kids
(CalWORKs) program, to encourage low-income families to build the
savings they need to permanently exit welfare. The measure repeals the
$2,000 asset limit in CalWORKs for current recipients and raises it for
new applicants from $2,000 to $7,000 while also eliminating the $4,650
vehicle limit. By reforming the asset limit, this measure restores the
stated goal of the CalWORKs program by assisting families in achieving
economic self-sufficiency through work.
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