Under a universal basic income, certain people get cash payments from the government to use as they see fit. Giving low-income D.C. residents direct cash payments could help them make ends meet in a city that is growing more and more expensive, but it would also cost the government anywhere from $380 million to $9 billion a year, depending on how much cash is handed out and how many people get it. It could also prompt some of those residents to stop working, and put at risk billions of dollars in federal funding for safety net programs.
Those are among […]
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