Written by: Sarah A. Donovan, Analyst in Labor Policy
Emma Sifre provided research support for this In Focus
Conceptually, a universal basic income (UBI) program provides a modest cash income at regular intervals (e.g., each month or year) to all individuals meeting minimal eligibility criteria. A UBI can serve as a social insurance program, a method for distributing income generated by a government-owned asset (e.g., the Alaska Permanent Fund Dividend), or both. Other terms for a UBI are a “basic income guarantee” or “unconditional basic income.” Whereas some countries—like Finland and Canada—have experimented with UBIs, for the United States, UBI discussions […]
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