Tag: guaranteed income

Americans could get $1,200 in monthly payments for two years under huge $3million proposal – see if you would qualify

Americans could get $1,200 in monthly payments for two years under huge $3million proposal – see if you would qualify

A NEW proposal has called for $3million in support to help fund 24 months’ worth of payments.

The guaranteed income push comes from a coalition led by nonprofit UpTogether. Residents would get a total of $28,800 worth of payments In a letter to council members in Detroit, Michigan , the organization, which advocates for "economic and social mobility," is requesting that council members approve $1,200 in monthly payments to residents for two years.

That would give participants a total of $28,800 worth of payments.To support the program, the proposal is calling for a total of $3million in funding.It would come in […]

Could $1,200 a month in direct cash help Detroiters? This group thinks so.

Could $1,200 a month in direct cash help Detroiters? This group thinks so.

Steady direct cash — with no strings attached — in the hands of financially struggling Detroiters could help lift them out of poverty.

That’s the case the national nonprofit UpTogether is making. The group sent a letter last week to Detroit City Council members and Mayor Mike Duggan’s office proposing a guaranteed income pilot program in Detroit. They say such a program can address basic needs and bolster financial prosperity in a city where roughly a third of people live in poverty . Guaranteed income programs have gained traction in cities across the country and proponents say it provides a […]

Just days until ‘randomly selected’ Americans notified about new ‘pilot’ $800 monthly payments that go out for 18 months

Just days until ‘randomly selected’ Americans notified about new ‘pilot’ $800 monthly payments that go out for 18 months

ELIGIBLE Americans have just hours left until they’re notified of whether they qualify for $800 monthly payments.

The guaranteed income program comes from Palm Springs, California . A total of 30 individuals will be selected for the monthly support It is being run by nonprofit organizations Queer Works & DAP Health, which is describing it as a "universal basic income pilot."

As far as funding goes, the Palm Springs City Council has allocated $500,000 for the program.It will provide 30 individuals with $800 payments for a year and a half. ELIGIBILITY AND HOW TO APPLY A few requirements must be met […]

Can Guaranteed Income Improve The Health Of Pregnant People And Children?

Can Guaranteed Income Improve The Health Of Pregnant People And Children?

Guaranteed income programs across California are working with pregnant women and families in an effort to break the cycle of poverty-driven health disparities.

This story is published collaboratively with the California Health Report as part of the Equitable Cities Reporting Hub for Environmental Justice , an initiative led by Grist and Next City .

It was like money falling from the sky.Except the city of Los Angeles would be sending it to her in a debit card every month. A thousand dollars. To spend however Sara Calderon and her family wanted.For the first time in two years, the 25-year-old […]

Prince George’s Co. considers guaranteed income and its costs

It’s already being done in D.C., Maryland’s Montgomery County and Virginia’s Arlington County. And now a local philanthropic group is offering to help Prince George’s County launch a guaranteed income pilot program for its residents.

But even those who support the measure aren’t sure the county can afford it.

Under the proposal being considered by the County Council , 200 families would each get $800 a month for the next two years. The Greater Washington Community Foundation is putting up $1 million to make it happen, and has secured another million from another nonprofit. It’s up to Prince George’s County to […]

Ireland Asks: What if Artists Could Ditch Their Day Jobs?

Ireland Asks: What if Artists Could Ditch Their Day Jobs?

Mark McGuinness, a photographer, said the income from Ireland’s government allowed him to devote two days a week to making work for exhibitions.Credit…Ellius Grace for The New York Times Ian Fay had toiled for years to make it as a comic book artist and illustrator, and last fall, he was ready to call it a day.

Fay, 32, who lives in Kilkenny in southern Ireland and specializes in drawing muscly superheroes , was only earning enough money to pay his bills, he recalled recently. He couldn’t afford vacations. He was considering boxing up his art supplies and getting a job […]

22 direct payments between $200 and $1,000 going out in April – see if you’re eligible for monthly cash

22 direct payments between $200 and $1,000 going out in April – see if you’re eligible for monthly cash

ELIGIBLE Americans are set to receive direct payments worth up to $1,000 in April and beyond.

That’s because dozens of cities and states around the country have implemented guaranteed basic income programs to support residents through times of inflation and economic uncertainty. Americans are earning hundreds per month Guaranteed basic income, or GBI, is similar to universal basic income (UBI) initiatives, which provide all residents in a community with a steady stream of income regardless of identity or background.

Unlike UBI, which is for everyone and not limited by time, GBI programs are usually for a specific period of time and […]

Some pregnant people in Philadelphia are about to get $1,000 a month in what the mayor is calling a ‘pro-life’ program

Some pregnant people in Philadelphia are about to get $1,000 a month in what the mayor is calling a 'pro-life' program

Philadelphia Mayor Jim Kenney called a new program giving cash to pregnant people "pro-life." Philadelphia is launching a guaranteed income program for pregnant people.

A pilot group of 250 people will receive $1,000 a month for up to 18 months.

The city has the highest infant mortality rate of the top ten most populated cities in the US. An extra $1,000 a month can go a long way. Pregnant people in Philadelphia are about to find out just how much it can help.The city’s health department announced it will oversee a trial program beginning next year […]

Why Guaranteed Income plan with an Insurance ?

Why Guaranteed Income plan with an Insurance ?

It is good to get fixed income over a long term compared to highly volatile returns.

Volatility is the risk which says the investment returns can go up and down, there is a high probability of ending with negative returns as well.

You can see Guaranteed income plans in different names from most of the Insurance companies.Let us look at Insurance products and how this Guaranteed income plan works in this article. Different Life Insurance Products One of the popular scheme is Money Back policy, in this once in 4 years you will get regular income which can help you to […]

Why Guaranteed Income is affordable, effective and just with economist Evelyn Forget What’s the Big Idea

Why Guaranteed Income is affordable, effective and just with economist Evelyn Forget What's the Big Idea

Why Guaranteed Income is affordable, effective and just with economist Evelyn Forget. University of Manitoba President Michael Benarroch in conversation with economist and academic director of Manitoba Research Data Centre Evelyn Forget. Together they’ll discuss how a basic income guarantee is not only possible and affordable, but an effective and just way to reduce poverty in Canada.

About the guest:

Evelyn Forget is an economist, academic director of Manitoba Research Data Centre, and a professor in the Department of Community Health Sciences.She is a multidisciplinary political economist who uses the tools of economics to inform policy debate locally, nationally and worldwide. […]