New Guaranteed Income Experiments Give Away Hundreds of Dollars Each Month to Address Wealth Gap

New Guaranteed Income Experiments Give Away Hundreds of Dollars Each Month to Address Wealth Gap

Some U.S. cities are beginning universal basic income programs to help low-income individuals and families and determine if the additional support will lead to long-lasting and positive effects.

The city of Shreveport, Louisiana, recently began accepting applications for a universal basic income program that will select 110 families to receive $660 a month for a year, according to KTBS . Single parents who are 120 percent below the federal poverty line are also eligible to apply.

"An estimated 25% of the citizens in Shreveport are living in poverty and a guaranteed income would empower recipients to address their most urgent day-to-day […]

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