Category: Basic Income

Denver’s basic income program faces end as mayor pulls support

Denver's basic income program faces end as mayor pulls support

Illustration: Aïda Amer/Axios Mayor Mike Johnston cut funding for the Denver Basic Income Project , an experimental program that provides no-strings-attached cash to unhoused people in the city.

Why it matters: The lack of city support means the program’s future is in jeopardy, despite early results showing guaranteed income led to more housing and fewer people sleeping outdoors or in shelters.

Context: Over 800 people experiencing homelessness have received unconditional cash payments of up to $1,000 a month from the more than $10.5 million directed toward the program since its 2021 launch. After one year, findings showed 45% of […]

SASSA Ending Social Relief Of Distress Grant To New Plans For Universal Basic Income: Know Details

SASSA Ending Social Relief Of Distress Grant To New Plans For Universal Basic Income: Know Details

SASSA Ending Social Relief Of Distress Grant To New Plans For Universal Basic Income As South Africa nears the 2024 elections , a major point of discussion is the potential transition from the Social Relief of Distress (SRD) grant to a Universal Basic Income Grant (UBIG) .

This shift would represent a significant change in the country’s approach to social welfare, aiming to address long-standing issues of poverty and inequality .

However, while UBIG has gained popularity, it brings with it both opportunities and challenges that need to be carefully considered. Understanding Universal Basic Income Grant (UBIG) A Universal Basic Income […]

L.A. Council advances guaranteed income plan for foster youth, domestic violence victims

L.A. Council advances guaranteed income plan for foster youth, domestic violence victims

The Los Angeles City Council advanced a proposal Tuesday intended to establish a guaranteed basic income program for victims of intimate partner violence and foster youth.

In a 10-0 vote, council members instructed the Community Investment for Families Department to work on guidelines for a $4 million to $5 million program. The report will examine programs in other cities, such as one in Chicago that pairs guaranteed income with housing resources. Want to get caught up on what’s happening in SoCal every weekday afternoon? Click to follow The L.A. Local wherever you get podcasts.

Additionally, city staff will review […]

City-School Liaison Committee discusses Guaranteed Income Program, grant opportunities

City-School Liaison Committee discusses Guaranteed Income Program, grant opportunities

The City-School Liaison Committee heard an update on Cradle to Career, a partnership between several Evanston organizations promoting equity, during its Tuesday meeting.

The City-School Liaison Committee discussed the Guaranteed Income Program, the November general election and grant opportunities Tuesday night at the Lorraine H. Morton Civic Center.

The committee facilitates conversations between city and local school board officials on matters of public interest. The nine-person committee has three city councilmembers, three Evanston Township High School District 202 board members and three Evanston/Skokie School District 65 board members.The Guaranteed Income Program focuses on giving resources to people who make less than […]

Mastering IELTS Writing Task 2: Sample Essays on Universal Basic Income and Poverty Reduction

Mastering IELTS Writing Task 2: Sample Essays on Universal Basic Income and Poverty Reduction

Universal basic income (UBI) and its potential impact on poverty reduction has become an increasingly popular topic in IELTS Writing Task 2 essays. Based on recent trends and the growing global interest in this economic concept, we can expect to see more questions related to UBI in future IELTS exams. Let’s explore a relevant question that has appeared in past tests and analyze sample essays at different band levels. Some people think that governments should provide a universal basic income to all citizens, regardless of their employment status or income level. To what extent do you agree or disagree […]

LA To Study Guaranteed Income Plan For Violence Victims, Foster Youth

LA To Study Guaranteed Income Plan For Violence Victims, Foster Youth

The move to help domestic violence victims comes after LA implemented a guaranteed income program to help families facing food insecurity.

City News Service , News Partner Studies have shown a positive link in reducing domestic violence by giving individuals experiencing such violence a guaranteed income. (Paige Austin/Patch) LOS ANGELES, CA — The Los Angeles City Council advanced a proposal Tuesday intended to establish a guaranteed basic income program for victims of intimate partner violence and foster youth.

In a 10-0 vote, council members instructed the Community Investment for Families Department to work on guidelines for a $4 million to […]

LA considering guaranteed basic income program for domestic violence victims, foster youth

LOS ANGELES – The Los Angeles City Council advanced a proposal Tuesday intended to establish a guaranteed basic income program for victims of intimate partner violence and foster youth.

In a 10-0 vote, council members instructed the Community Investment for Families Department to work on guidelines for a $4 million to $5 million program. The report will examine programs in other cities, such as one in Chicago that pairs guaranteed income with housing resources.

Additionally, city staff will review potential funding sources for the program, and may consider discretionary money or dollars specifically for homeless housing assistance and prevention.Council members Eunisses […]

New Rule in Louisiana Strengthens Protections for Annuity Consumers

New Rule in Louisiana Strengthens Protections for Annuity Consumers

WASHINGTON, Sept. 20 (TNSres) — The American Council of Life Insurers issued the following joint statement:

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American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors (NAIFA)–Louisiana Chapter President Blake Gillies issued the following joint statement on the best interest annuity rule adopted by the Louisiana Department of Insurance:"The Louisiana Department of Insurance, led by Commissioner Tim Temple, has significantly enhanced protections for Pelican State consumers seeking lifetime income through annuities. The new rule includes heightened standards that financial professionals must follow and protects consumers’ access to information about […]

Mastering IELTS Writing Task 2: Sample Essays on Universal Basic Income for Band 6, 7, and 8

Universal basic income (UBI) has become a hot topic in recent years, frequently appearing in IELTS Writing Task 2 questions. Based on past exam trends and current socio-economic discussions, it’s highly likely that this subject will continue to be featured in future IELTS tests. Let’s explore a relevant question and analyze sample essays for different band scores. Some people think that governments should provide a universal basic income to all citizens, regardless of their employment status. Others believe this would be too expensive and lead to a less motivated workforce. Discuss both views and give your own opinion. Table […]

Universal Basic Income Proposals

The challenges posed by the AI digital divide necessitate a robust discussion on economic redistribution and the implementation of universal basic income (UBI) as a viable solution. Economic Redistribution

Economic redistribution is essential to mitigate the growing income inequalities exacerbated by automation. Progressive taxation and wealth redistribution strategies can help alleviate the financial burdens faced by those displaced by technological advancements. By ensuring that wealth generated through automation is shared more equitably, we can foster a more inclusive economy. Progressive Taxation : Implementing higher tax rates on the wealthiest individuals and corporations can generate revenue for social programs. This […]