Source: iStock Photo What U.S. cities have guaranteed basic income?
In 2018, Magnolia Mothers Trust in Jackson, Miss. launched a guaranteed income pilot for 15 single mothers, giving them $1,000 per month for a year. One participant, Ciara McDonald, was able to use the funds to get herself out of the trenches of debt and never-ending dues. By the end of the pilot, participants were able to pay off $10,000 in predatory debt . Before the program, 37 percent of people reported being able to cover all their expenses without support. By the program’s end, that number was up […]
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