Minneapolis’ guaranteed basic income program pilot sparks responses from economists

Minneapolis’ guaranteed basic income program pilot sparks responses from economists

Minneapolis’s downtown skyline. (The Center Square) – Applicants will find out soon whether they’re among 200 families to win the chance to participate in Minneapolis’ Guaranteed Basic Income Program pilot .

The city will provide $500 monthly for two years to enrolled families who live in certain zip codes and receive no more than half Minneapolis’ Area Median Income. Participants must also have been hurt by the pandemic.

“You use the extra money in a way that makes sense for you,” the program webpage said.Program goals are to provide families flexibility to balance immediate needs such as rent and food with […]

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