ST. PAUL, Minn. — Minnesota Democrats are considering launching a basic income pilot program that would send $500 monthly payments to low-income families — no strings attached.
It mirrors a project in the city of St. Paul during the pandemic that gave the same extra cash boost to 150 randomly selected families whose income was at or below 300% of the federal poverty line. A study by researchers at the University of Pennsylvania found participants in the program improved their financial stability and savings and the number of people employed increased by 14%, even after payments expired.
"This program would serve […]
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