Denver’s universal basic income project reports early success

Denver's universal basic income project reports early success

Illustration: Brendan Lynch/Axios A midterm report from the Denver Basic Income Project found giving people experiencing homelessness free money is a meaningful way to improve their lives.

Driving the news: The report released Wednesday found people receiving money with no strings attached are benefiting significantly by using it to pay for groceries and other bills. Others are using it for expenses like obtaining housing, rent, cars and paying significant debt.

Why it matters: The program’s success so far could mean it continues after its initial one-year period. What they’re saying : "What we can conclude from the midyear report […]

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