$1,800,000 Guaranteed Income Program Expands As Government Prepares To Hand Out Cash in Major US City

$1,800,000 Guaranteed Income Program Expands As Government Prepares To Hand Out Cash in Major US City

One of the largest guaranteed income programs in the US is preparing to hand out more cash.

The Denver Basic Income Project (DBIP) is extending its $1.8 million pilot program for another six months to give as much as $1,000 to 660 participants selected for the expansion, reports the Colorado Newsline.

The program initially picked 800 beneficiaries and separated them into three cohorts.The first group is collecting $1,000 per month for a year. The second group received a one-time payment of $6,500 and then $500 for 11 months. The final group, tagged as the control group, is receiving a flat $50 […]

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