TCS – Cash money (The Center Square) – Boulder County will spend $6 million in federal funds on a basic income program, giving $300 per month for two years to 725 qualifying households with no restrictions.
The program, commonly called universal basic income, is one of dozens around the country. A 140-page study by the National Bureau of Economic Research found the programs led to a reduction in annual total individual income of approximately $1,500 and a slight decrease in the number of hours worked per week. Total household income decreased approximately $4,100 per year, according to the study. However, […]
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