Data show most of guaranteed income being spent on food, clothing, city says

Data show most of guaranteed income being spent on food, clothing, city says

SHREVEPORT, La. (KSLA) — What happens when you give 110 single parents with school-age children whose income is at or below 120% of the federal poverty line an unconditional cash payment of $660 a month for a year?

They’ll spend $358.45, or 54.31%, of that $660, at retailers and discount superstores on things like food, clothing, household goods and hygiene products.

That’s one of the initial findings of the Mayors for a Guaranteed Income program in Shreveport.“I’m able to know that it is definitely there to help me because without it I’m struggling,” said Renodia Williams, a participant in the program. […]

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