Preliminary findings from Stockton, Calif.’s first-in-the-nation guaranteed basic income program show recipients spent most of their $500 a month on food. Minneapolis will soon support 200 families with its new guaranteed basic income pilot , an experiment in alleviating poverty by paying low-income households $500 per month for two years, no strings attached.
The city has set aside $3 million of American Rescue Plan Act funds for the program, Households must earn less than 50% of area median income to be eligible. The program echoes a similar experiment that St. Paul launched in 2020 and dozens of other cities nationwide, […]
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