More U.S. Mayors Interested in Guaranteed Income Programs After Early Successes

More U.S. Mayors Interested in Guaranteed Income Programs After Early Successes

After some guaranteed income experiments across the U.S. saw early success, more mayors are interested in making them permanent fixtures to reduce poverty and inequality, the Associated Press reported.

The successful launch of stimulus packages and expansion of the child tax credit program was evidence to many mayors that providing federal funds to struggling Americans is not an implausible concept.

Dozens of cities and counties in the U.S. have launched initiatives that allocate no-strings-attached funds to low-income citizens and then monitor the effect. For example, Los Angeles Mayor Eric Garcetti’s most recent budget added a $24 million guaranteed income program that […]

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