Category: Basic Income

How 2 participants in Houston’s basic-income program plan to spend the $500 a month: ‘When you live paycheck to paycheck, it’s horrible’

How 2 participants in Houston's basic-income program plan to spend the $500 a month: 'When you live paycheck to paycheck, it's horrible'

Uplift Harris will give $500 a month to participants around Houston, Texas, with payments set to begin in April. Houston’s basic-income program faces shutdown after Texas’ attorney general labels it "unconstitutional."

The program offers 18 monthly payments of $500 to low-income families for housing and groceries.

Uplift Harris starts payments April 24, but its future remains uncertain amid GOP opposition. When Delwin Sutton learned he had been accepted into a guaranteed basic-income pilot in Houston, he signed a lease on a new apartment.He spent almost all of his savings on his April rental fees and plans to spend his […]

The One Way America Can Meaningfully Address Poverty

The One Way America Can Meaningfully Address Poverty

Ideas

By Natalie Foster and Darrick Hamilton

April 23, 2024 7:00 AM EDTFoster is the author of The Guarantee (New Press 2024) and President of Economic Security Project. Hamilton, university professor and Director of The Institute on Race, Power, and Political Economy at The New SchoolA white family in Atlanta, Georgia today has 46 times as much wealth as a Black family; a racial wealth gap that is exactly the same as it was nationally in 1863 when Abraham Lincoln signed the Emancipation Proclamation ending the era of legalized enslavement. Over forty years of neoliberal economic policy have profoundly exacerbated […]

How 2 participants in Houston’s basic-income program plan to spend the $500 a month: ‘When you live paycheck to paycheck, it’s horrible’

How 2 participants in Houston’s basic-income program plan to spend the $500 a month: ‘When you live paycheck to paycheck, it’s horrible’

Uplift Harris will give $500 a month to participants around Houston, Texas, with payments set to begin in April. Foto: John Coletti / Getty Images Houston’s basic-income program faces shutdown after Texas’ attorney general labels it "unconstitutional."

The program offers 18 monthly payments of $500 to low-income families for housing and groceries.

Uplift Harris starts payments April 24, but its future remains uncertain amid GOP opposition. When Delwin Sutton learned he had been accepted into a guaranteed basic-income pilot in Houston, he signed a lease on a new apartment.He spent almost all of his savings on his April rental […]

The Troubling Proliferation of Universal Basic Income Programs

The Troubling Proliferation of Universal Basic Income Programs

The idea of a universal basic income (UBI), whereby a government provides everyone with a certain monthly amount to spend as they wish, is nothing new . Touted by its proponents as a way to reduce poverty and provide economic security, this endeavor is costly for taxpayers and a disincentive to work. It is a bad idea no matter which level of government does it.

In Iowa, several counties in the Des Moines metro area have been using COVID-era federal funds, along with foundation and private-sector support, to launch UpLift , a UBI pilot program. In response, the Iowa legislature […]

Joyce Palmer, Founder and President of JP Financial Group, Interviewed on the Influential Entrepreneurs Podcast Discussing Guaranteed Income for Women In Retirement

Joyce Palmer, Founder and President of JP Financial Group, Interviewed on the Influential Entrepreneurs Podcast Discussing Guaranteed Income for Women In Retirement

Joyce Palmer, Founder and President of JP Financial Group, Image: https://authoritypresswire.com/wp-content/uploads/2024/04/Joyce-Palmer.png
Joyce Palmer discusses empowering women through guaranteed income in retirement.

Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-joyce-palmer-founder-and-president-of-jp-financial-group-discussing-guaranteed-income-for-women-in-retirement/
Guaranteed income in retirement provides stability and peace of mind, especially for women who may face unique financial challenges. In a podcast episode featuring Joyce Palmer, the founder and president of JP Financial Group, she emphasized the importance of guaranteed income as a financial safety net in retirement. Joyce highlighted that guaranteed income offers a steady stream of income that individuals can rely on regardless of market fluctuations or […]

Ten former foster youth students at Sac State to receive guaranteed income through new United Way program

Ten former foster youth students at Sac State to receive guaranteed income through new United Way program

United Way’s new Collegiate Guaranteed Income Program for former foster youth will provide 10 Sac State students, who are part of the Guardian Scholars program, $500 each per month for a year. Guardian Scholars students and staff, from left to right, front row: Caitlin, Jaliyah, Deja and Alisha. Back row: Gina, Emily, Susan, Asia, Danielle, Linda, Monique and Jeneses. (Photo courtesy United Way) Ten Sacramento State students will receive $500 a month for a year thanks to the United Way California Capital Region’s new Collegiate Guaranteed Income Program for former foster youth.

United Way announced the new program, surprising […]

How to implement a basic income?

How to implement a basic income?

To implement a basic income, several key considerations must be taken into account. Torry’s work emphasizes the simplicity and flexibility of a basic income, advocating for its feasibility across various dimensions such as financial, administrative, and political . Fleischer and Hemel propose a universal basic income (UBI) of $6000 per person per year, paid to all citizens and lawful permanent residents, with specific recommendations for policymakers on financing and implementation . Sommer discusses the economic suitability of a negative income tax (NIT) as a means to provide a minimum income, highlighting its transparency in the tax-and-transfer system . Overall, […]

The Impact of Universal Basic Income Programs

The Impact of Universal Basic Income Programs

The Impact of Universal Basic Income Programs

Maddie Dietl

· Follow 5 min read·6 hours agoIn the months leading up to the 2020 presidential election, Democratic candidate Andrew Yang based his platform around one central idea: if elected, he would entitle every American adult to a “Freedom Dividend” [1]. His plan was to deposit 1,000 dollars into the bank account of US citizens every month, tax free, no strings attached. This is an example of a Universal Basic Income (UBI) program. Evidently this program was not enough to get Yang elected, but it did raise some questions about […]

Court Ruling Upholds Harris County’s Guaranteed Income Program Despite Legal Challenge

Court Ruling Upholds Harris County’s Guaranteed Income Program Despite Legal Challenge

In a recent legal battle concerning Harris County’s pioneering guaranteed income initiative, a state district judge ruled against Texas Attorney General Ken Paxton’s lawsuit on April 18. The ruling effectively permits the continuation of the Uplift Harris program, enabling over 1,900 eligible households living below 200% of the poverty line to receive monthly funds of $500 by the end of April.

The $20.5 million program, funded through a combination of local and state resources from the American Rescue Plan Act, forms a crucial component of Harris County’s comprehensive strategy to combat economic inequality within the region.

Representing the county in the […]

Stimulus Check payments update across the US: Next month’s full payment schedule by state

Stimulus Check payments update across the US: Next month’s full payment schedule by state

Stimulus Check payments update across the US Next month comes a new round of stimulus check payments across the United States, so keep reading to see which states are currently sending millions in monthly benefits. After the COVID-19 pandemic caused a huge financial crisis, with many low-income households grappling with soaring inflation and limited healthcare access, the federal government provided Economic Impact Payments (EIPs) to help millions of Americans recover.

Nonetheless, they ran out of gas before many people could get back on their feet. Recognizing these challenges, municipal and state governments have responded to assist their citizens by giving […]