More freebies: New Orleans mayor launches guaranteed income program for teens

The City of New Orleans launched a guaranteed income program for teens this week with the help of Mayors for a Guaranteed Income.

The New Orleans Guaranteed Income Program is sending $350 monthly payments to 125 young people between the ages of 16-24 over the next 10 months, with no restrictions on how the money is spent. The program, made possible with a $500,000 grant from Mayors for a Guaranteed Income, is targeted to youth who "are disconnected from work and school," according to Wednesday press release.

"The launch of the New Orleans Guaranteed Income Program is an exciting moment for […]

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