Oakland to launch one of the largest US universal basic income programs yet

Guaranteed income, also known as universal basic income (UBI), is based on the concept that giving people a set amount of money each month can help break cycles of poverty, by allowing them to stop living the paycheck-to-paycheck lifestyle that contributes to poor health and hinders their ability to find better, full-time work.

Mayors across the country have launched small, temporary programs in a coordinated effort to convince Congress to adopt the program nationally. Oakland’s project will be one of the largest so far, targeting up to 600 families.

“We have designed this demonstration project to add the body of evidence, […]

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