Guaranteed income aims to cover residents’ basic needs. The idea is to alleviate some financial burden so that they can focus on achieving stability. That can mean higher education, learning a trade and even saving up to break out of the paycheck-to-paycheck living cycle.
At a press conference on Friday, Louisville Mayor Greg Fischer announced the city is launching a pilot program that will provide some young adults with a basic income to give them a chance to explore different options and opportunities..
“The goal is to provide a foundation for young people transitioning to the working world, especially at a […]