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Guaranteed basic income:

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    RESIDENTS are set to get get up to $1,000 in guaranteed basic income payments this fall. In California, there have been various universal basic income programs launched. 1More Californians are set to get monthly payments this fall Funding has been provided through a combination of local government and non-profit sponsored initiatives. Many of these non-profits and municipalities will use a $35million grant to further expand already launched guaranteed basic income pilot programs. For instance, San Diego County has been giving 150 low-income families $500 monthly payments since March. They will soon send another $500 a month to hundreds of other families that might be at risk of dealing with the state's child welfare services. READ MORE ON PAYMENTSCASH COMING Exact date direct payments worth $700 will be sent to thousands of AmericansMoney TIME Thousands of Americans to get brand new $3,284 direct payments In addition, two San Diego non-profits-Café X and Jewish Family Service-will begin providing 25 low income black women with $1000 a month, a program they hope to expand this year. Both programs are launching this fall, according...
    STIMULUS checks have given Americans a feel for universal basic income (UBI) – but folks in certain states and cities are getting used to this idea. UBI is a set of recurring payments that individuals get from the government. These can be paid out every month, several times a year, or just once annually.  2The Yang idea of UBI is being used in some states This is an idea that entrepreneur Andrew Yang, who left the Democratic party, centered his 2020 Presidential campaign around.  Then Mr Yang, during his run for New York City mayor, floated the idea of giving half a million of lowest-income residents $2,000 payments each year.  And spoiler alert - he did not win.  Meanwhile, many cities are also giving guaranteed income. read more on guaranteed incomeMONTHLY CHECK Teens to get $350 a month to help teach them about moneyDOLLAR SUPPORT States offering guaranteed income to single moms worth up to $1,000 a month The concept is the same: recurring monthly payments for a set amount of time for eligible individuals. No strings attached. The funding for guaranteed...
    by Sheila Qualls   Although an evaluation of the initial guaranteed basic income pilot won’t be available until next year, St. Paul Mayor Melvin Carter announced last week he plans to distribute a second wave of $500 monthly cash payments to low-income families. Mayor Jacob Frey announced Minneapolis will begin a similar guaranteed basic income pilot later this year. Select St. Paul families will be enrolled in the program, which will be funded using money from the American Rescue Plan. In addition to guaranteed income, the program also offers payments to college savings plans. The first wave of payments, called the People’s Prosperity Pilot, gave $500 monthly payments to 150 St. Paul families for a year and a half. Even though there’s no concrete data to weigh the effectiveness of the guaranteed basic income program, Carter said he was “convinced to double down on the initiative” based on anecdotal evidence of how the payments made a difference in the lives of families, the Star Tribune reported. “The goal is to give people more flexibility to address the changing needs of their families,” Carter said in a...
    Welcome to the Glean, MinnPost’s twice-daily roundup of Minnesota news. Josh Verges and Frederick Melo write in the Pioneer Press: “St. Paul is expanding its guaranteed basic income experiment, giving monthly checks to more families while also making deposits into some of their children’s college savings accounts. … Carter announced Wednesday that the next phase, which he’s calling CollegeBound Boost, will send money to two groups: 333 families will get $1,000 added to each of their children’s College Bound St. Paul savings accounts; 333 additional families will get the same $1,000 for college, plus two full years of monthly $500 checks.” Steve Karnowski writes for the AP: “Federal prosecutors asked a judge Wednesday to sentence one of the four former Minneapolis police officers convicted of civil rights violations in George Floyd’s killing to as many as 6½ years in prison but to impose significantly stiffer yet unspecified sentences on two others. They urged U.S. District Judge Paul Magnuson to follow the nonbinding federal sentencing guidelines for former Officer Thomas Lane and impose a penalty between 5¼ and 6½ years on prison....
    STIMULUS checks have given Americans a feel for universal basic income (UBI) – but folks in certain states and cities are getting used to this idea. UBI is a set of recurring payments that individuals get from the government. These can be paid out every month, several times a year, or just once annually.  2The Yang idea of UBI is being used in some states This is an idea that entrepreneur Andrew Yang, who left the Democratic party, centered his 2020 Presidential campaign around.  Then Mr Yang, during his run for New York City mayor, floated the idea of giving half a million of lowest-income residents $2,000 payments each year.  And spoiler alert - he did not win.  Meanwhile, many cities are also giving guaranteed income. read more on guaranteed incomeMONTHLY CHECK Teens to get $350 a month to help teach them about moneyDOLLAR SUPPORT States offering guaranteed income to single moms worth up to $1,000 a month The concept is the same: recurring monthly payments for a set amount of time for eligible individuals. No strings attached. The funding for guaranteed...
    ALAMEDA — The city of Alameda will be giving 150 low-income households $1,000 monthly payments for 24 months, starting in spring or summer of 2023. In a 3-2 vote, the City Council approved a guaranteed basic income program that aims to help those most in need. There will be no conditions or restrictions on how participants can spend the money. “During the pandemic we learned that while in many ways we were all in it together, certainly some individuals and groups were impacted more heavily than others,” Mayor Marilyn Ezzy Ashcraft said in an interview, adding that people of color are one of those groups. In Alameda, low income is defined as a family of four that makes less than $106,000 per year or a single person who makes less than $74,200 per year. City staff will be determining over the next several months what’ll constitute a household for purposes of the program and what income levels to target. Staff also will be figuring out who the city will partner with to administer the program and how participants fare. The...
    RESIDENTS from coast to coast have one day to apply for monthly payments worth thousands. The deadline for two major universal basic income programs is Wednesday, April 13. 1Universal basic income programs are being tested in states and cities around the countryCredit: Getty One program is available to folks in Los Angeles. The other is open to residents in New York City. The requirements are slightly different for each. Those looking to pad their income would do well to apply. Read More universal basic income storiesGAS RELIEF Low-income Americans could get $240 payments every three months under proposalFREE MONEY UBI deadline for monthly $1,000 checks passed - how to apply if you missed it The programs come as support for universal basic income programs has ballooned. Andrew Yang first introduced the idea on the campaign trail. Then the idea took hold when President Trump passed the CARES Act. Here are the guidelines for each plan. Most read in MoneyFREE MONEY Exact date deadline to claim UBI $36,000 monthly checks hits - are you eligible?CHECK PLEASE Exact date huge...
    HUNDREDS of recipients will be receiving $600 checks this month to help with rent, food and surging gas prices. The relief payments will be distributed to over 100 formerly incarcerated Durham residents courtesy of the nonprofit organization StepUp Durham. 1Hundreds of formerly incarcerated Durham residents will start receiving $600 monthly payments for a year todayCredit: Getty The nonprofit received city funds to help identify suitable candidates for the relief program. The program first planned on giving 115 participants $500 per month for a year when it was announced in 2021. A $100,000 anonymous grant increased potential recipients to 129, with the 109 people now selected getting a little more money. “We had a number of challenges, [including] inability to reach individuals, re-incarceration and additional ineligible participants,” program director Syretta Hill told The News & Observer. Read more universal basic income storiesINCOME BOOST New guaranteed income program could issuemonthly payments worth up to $900FREE CASH $1,500 monthly debit cards being sent out from TODAY - see if you can get one “With the decrease in the number of participants, we were...
    MOUNTAIN VIEW (BCN) — Mountain View’s City Council this week approved more than $1 million in funding for the city’s new guaranteed basic income pilot program. The funding for the Elevate MV program approved by the council Tuesday will help provide $500 per month for 12 to 24 months for more than 160 families participating in the pilot. READ MORE: New CDC Recommended Measures Ease Up on Mask Wearing for the HealthyApplications will be accepted for the program starting in May or June and families will be randomly chosen after city officials verify they qualify. The program is meant for families with at least one child under 18 years old and income no more than 30 percent of the area median income. READ MORE: Former Peterson Juror Richelle Nice Did Not Consider Herself 'A Crime Victim'“Mountain View is taking bold steps to address income inequality and pervasive poverty through Elevate MV,” Mayor Lucas Ramirez said in a statement. “The city’s guaranteed basic income pilot program will show us what a monthly cash payment of $500 to qualifying families can do...
    PHILADELPHIA is the latest city to join the efforts to help millions of Americans get by each month. The city will soon be offering a guaranteed income program. 1A guaranteed income program will be starting in Philadelphia Up to 60 people in Philadelphia will receive $500 a month. There are no strings attached. People can use the income however they see fit. The program will begin in March 2022. There is no need to apply because people will be chosen from a pool of 1,100 people who have been receiving federal support for the past five years. The money will be distributed through a prepaid bank card or direct deposit. Most read in moneyBIG BUCKS Disability SSI check to be sent in DAYS as payment schedule revealedCHECK YOUR CALENDAR Exact date '$1,657 automatic checks' will be sent out for FebruaryCHECK AGAIN Automatic new $1,400 payment to be sent in days after huge $660 boost depositedMEAL DEAL How to apply for EBT and SNAP food stamp payments as emergency $1,504 boost sent The people selected receive federal aid through TANF...
    THE state of Georgia is on a mission to help its residents live a better quality of life. A new guaranteed income program will soon be helping hundreds of women, in particular Black women, by providing monthly money to help bridge a wage gap. 1Eligible Georgia women are in line to receive $850 a month for two years The Georgia Resilience and Opportunity Fund is partnering with GiveDirectly to run what it described as the largest guaranteed income program in the South. The flagship program is called In Her Hands. The initiative will provide guaranteed income for Black women across Georgia. It's a $13million program aimed at helping women gain economic security. The first phase will launch in early 2022. It will aid Black women who live in Atlanta's Old Fourth Ward, which is the neighborhood where civil rights leader Dr. Martin Luther King, Jr. grew up. Most read moneyBIG BUCKS Deadline for automatic $660 monthly payments passes after $1,100 boosts sentHELP IS HERE Bonus EBT $1,504 cards arriving NOW after SNAP emergency $95 boosts sent outCASH DELAYS Why you...
    TIME is running out to claim a $660 monthly payment, with applications closing within hours. Eligible families in Shreveport, Louisiana, have until Monday to fill out the application for the city's newly launched universal basic income program. 1The program plans to give monthly payments worth $660 to 110 eligible families for 12 monthsCredit: Getty The program plans to give monthly payments worth $660 to 110 eligible families for 12 months. To receive the payments, eligible residents must be a single parent, with a gross income 120% below the federal poverty line. According to Mayor Adrian Perkins, an estimated 25% of Shreveport residents are living in poverty. The city defines a single parent as an unmarried mother, father, stepparent, grandparent, caregiver, or legal guardian who is not living with a partner and has a school-age child. The child needs to be at least three years old and less than 20 years old as of August 2021. Most read in The US SunSNOW JOKE Snowstorm Izzy path tracker as huge front causes weather warnings for the weekendDJOKOVIC UPDATES Djokovic LOSES case, will...
    LOS ANGELES (CNS) -- Sunday is the deadline for Angelenos to apply for the city's guaranteed basic income pilot program, which will give $1,000 a month to 3,000 households for a year.To be considered, applications must be submitted by 11:59 p.m. Sunday.The nearly $40 million BIG:LEAP (Basic Income Guaranteed: Los Angeles Economic Assistance Pilot) program is the largest of its kind in the United States."Its name perfectly captures what we're doing here in L.A. because we're taking a big leap forward in our generational fight to end poverty, to break the back of our addiction to poverty here in America," Mayor Eric Garcetti said.Only households with at least one dependent child will be considered, and recipients must live in the city of Los Angeles, be over the age of 18, and have an income at or below the federal poverty line. They also must have experienced economic or medical hardship related to the COVID-19 pandemic.More than a quarter of the recipients will come from Price's District 9."Why Council District 9? Well, 9 is home to some of the most marginalized...
    LOS ANGELES (CBSLA) —Los Angeles residents have until 11:59 p.m. on Sunday, Nov. 7 to submit their applications for the guaranteed basic income program. The L.A. City Council unanimously voted to expand the city’s initial $6 million investment in the BIG:LEAP, which stands for Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, to nearly $40 million, making it the largest such program in the nation. READ MORE: John Korir, Natasha Cockram Take 1st Place At LA Marathon's 'Stadium To The Stars'City Councilman Curren Price, who proposed the program, called it a “life-changing initiative.” The program promises to benefit as many as 3,000 Angelenos with $1,000 in direct cash payments to families every month for a year. The no-strings-attached payments will be given to families who have been hit hard by the pandemic and are living in poverty. More than a quarter of the participants will be residents in Price’s District 9, which has the highest percentage of people living in poverty at 12.3%, according to a June report exploring the possibility of the program. “The idea of a guaranteed pilot...
    LOS ANGELES (KABC) -- Starting Friday, Los Angeles residents can apply for the city's guaranteed basic income pilot program, which will give $1,000 a month to 3,000 households for a year.The nearly $40 million BIG:LEAP (Basic Income Guaranteed: Los Angeles Economic Assistance Pilot) program is the largest of its kind in the United States."Its name perfectly captures what we're doing here in L.A. because we're taking a big leap forward in our generational fight to end poverty, to break the back of our addiction to poverty here in America," Mayor Eric Garcetti said Wednesday.The monthly payments will be given to families who were affected by the pandemic and are living in poverty. Only households with at least one child dependent will be considered, and recipients must live in the city of Los Angeles, be over the age of 18, and have an income at or below the federal poverty line.Recipients of the program will be selected at random. The online application process will remain open through Nov. 7.The city of L.A. anticipates the first round of cash payments to be...
    Mayor of Chicago Lori Lightfoot has announced the city will launch a $31 million universal basic income pilot in 2022 which will give $500 a month to low income families. The program, part of Lightfoot's $16.7 billion proposed budget for 2022, was approved by the city's council on Wednesday. Lightfoot's budget also boosted Chicago Police spending to $1.9 billion - $200 million more than 2021's police budget - after having made an $80 million cut in 2020 following protests to defund the department.    The pilot will give monthly payments of $500, to five thousand Chicago low-income families. To be eligible, recipients must be adults and earn less than $35,000 a year. Lightfoot called it 'the most progressive' budget in the history of Chicago. 'This program is controversial for some. But for me, it just makes plain sense,' Lightfoot said, according to The Chicago Sun-Times. The pilot is largely funded by the $2 billion Chicago received from Biden's American Rescue Plan. A basic income pilot approved by the Chicago City Council will give monthly payments of $500 to 5,000 low-income families....
    MORE money is headed into the pockets of thousands of people who live in Chicago. The Chicago City Council yesterday approved a multi-million dollar budget, which includes hundreds of dollars a month for 5,000 households in the Windy City. 1More money will be going into the pockets of some people in Chicago This makes it the largest basic-income pilot program in the US. How can you apply? The program will give 5,000 low-income Chicago households $500 a month for one year. To qualify, individuals must earn less than $35,000 per year. Participants will be chosen by random, meaning you can't apply yourself. The money for this plan is provided under the Biden Administration's American Rescue Plan. The passage comes a day after Los Angeles announced its program to help thousands of families in the city. Most read in moneyCASH COMING New $1,100 stimulus checks 'will be deposited THIS WEEK' into bank accountsIN FOR A PENNY 1944 Lincoln Steel Penny sold for $373K as it's declared 2nd most valuableCRYPTO PREDICTION Shiba Inu price prediction 2021: Can the cryptocurrency hit $1?TOKEN...
    A COVID-19 relief program that will provide $1,000 monthly payments to thousands of families in one of Los Angeles' most poverty-stricken districts was approved by the city's council on Tuesday. More than 3,000 families will receive assistance from BIG:LEAP, or Basic Income Guaranteed: Los Angeles Economic Assistance Pilot. Mayor Eric Garcetti called it 'the largest guaranteed basic income program anywhere in the United States of America.'  Families below the poverty line in Council District can begin to submit their applications on Friday, October 29, and have until November 7 to do so. Those chosen in the lottery will receive the payments all throughout 2022. To be eligible, they must be 18 years or older, have at least one dependent child/are pregnant, live in low-income households, and have experienced economic or medical hardship due to COVID-19 are eligible. BIG:LEAP, or Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, will be the largest guaranteed income program in the US. Pictured is Los Angeles Mayor Eric Garcetti holding a sign after the pilot was approved by city council  More than 3,000 families will...
    LOS ANGELES (CBSLA) — The Los Angeles City Council on Tuesday has approved what will be the largest guaranteed basic income pilot program in the country to date. At Tuesday’s meeting, the LA City Council unanimously voted to expand the city’s initial $6 million investment in the BIG:LEAP, which stands for Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, to nearly $40 million, making it the largest such program in the nation. READ MORE: News Conference Wednesday In ‘Rust’ Shooting Death Of Halyna HutchinsCity Councilman Curren Price, who proposed the program, called it a “life-changing initiative.” The program promises to benefit as many as 3,000 Angelenos with $1,000 in direct cash payments to families every month for a year. The no-strings-attached payments will be given to families who have been hit hard by the pandemic and are living in poverty. More than a quarter of the participants will be residents in Price’s District 9, which has the highest percentage of people living in poverty at 12.3%, according to a June report exploring the possibility of the program. READ MORE: MLB...
    By: KDKA-TV News Staff PITTSBURGH (KDKA) – Pittsburgh City Council passed a guaranteed basic income pilot that will give 200 people $500 a month. READ MORE: Pittsburgh Public Schools, Teachers Union Finalize Employee COVID-19 Vaccine Requirement Pittsburgh Mayor Bill Peduto said the Assured Cash Experiment passed 7-1 Wednesday. Passed 7-1. https://t.co/q1j2Cdjvm4 — bill peduto (@billpeduto) September 8, 2021 READ MORE: Some Franklin Regional Parents Protest Statewide School Mask Mandate Half of the pilot’s participants will be Black women in response to the inequities uncovered in the Gender Equity Commission’s 2019 report. The Mayor’s Office says Black women in Pittsburgh are five times as likely as white men to live in poverty and twice as likely as white women. The city will use relief funds from the American Rescue Plan to fund part of the program through OnePGH, a nonprofit organization supported by public and private investment. MORE NEWS: Fourth Stimulus Check: Will You Get Another Relief Payment? Jon Delano will have more on this story on KDKA Evening News.
                        Amid the ongoing feud between progressive Democrats and their more moderate counterparts over a $3.5 trillion infrastructure bill and legislation to abolish the filibuster, one progressive House Democrat is forging ahead. Rep. Ilhan Omar (D-MN-05) Friday introduced a bill that would pilot universal basic income programs, which she calls “guaranteed income,” in certain geographic areas, before taking the program national within the next seven years. The SUPPORT Act allocates $2.5 billion for a program that would give $1200 per month to most Americans in “hundreds of communities” across the country between 2023 and 2027. After that, the program would be implemented nationally for people making less than $75,000 per year, and families making less than a combined $112,5000 per year. The program would also be available to illegal aliens. “Poverty is a choice. For too long we have prioritized endless growth while millions are homeless, hungry or without healthcare,” Omar reportedly said of her bill. “We as a nation have the ability to make sure everyone has their...
    BerkeleyUniversal basic income was championed by Martin Luther King Jr., promoted by Silicon Valley citizens as the “social vaccine for the 21st century” and endorsed by 2016 presidential candidate Andrew Yang, but it has never really caught on. Now it’s time may have come. On Thursday California lawmakers approved the nation’s first state-funded guaranteed income program.  Once the bill is signed by Gov. Gavin Newsom, cities and counties can apply for funding from a $35 million pool to support current or new pilots that prioritize foster youth who recently left the foster care system and pregnant mothers. The White House has also rolled out a form of guaranteed income in its new expanded Child Tax Credit that is part of the pandemic relief package. The state program comes on the heels of local efforts in the Bay Area and elsewhere. Over the last two years, Oakland, Marin County, San Francisco and Santa Clara County started one to two-year basic income programs that offer participants between $500 and $1,000 guaranteed dollars every month with no strings attached. Those programs are largely funded...
    OAKLAND, Calif. (KGO) -- Oakland residents can now apply for the new guaranteed income pilot program.It is 100% financed by private donors. The first round of applications for the "Oakland Resilient Families" program opened Tuesday for 300 families who live within a one-square-mile area in East Oakland. The second round of applications will open citywide for another 300 families later this summer. Applicants will be randomly selected to get $500 a month for a year and a half."Previous guaranteed income demonstrations, like the one in Stockton, have demonstrated that when people have the security of an income floor, they are able to gain more employment," Mayor Libby Schaaf said, "They are able to get their mental health in order, take care of their families and help contribute to healthy society."Here's who's eligible: Low-income families with at least one child under 18 Residents who make no more than $59,000 a year for a family of 3. That's at or below 50% of median income Applicants who are Black, Indigenous or people of color will be prioritized Recipients can be...
    The mayor of Newark, New Jersey, is launching an experiment in which hundreds of individuals will receive free money for a period of two years, following a similar — and advocates say successful — guaranteed income pilot program in Stockton, California.  Newark Mayor Ras J. Baraka, a Democrat and member of the advocacy group Mayors for a Guaranteed Income, first presented the idea in March 2019 to help the city's struggling citizens.  Now, after the COVID-19 pandemic put plans on hold, Baraka is unveiling a pilot program called the Newark Movement for Economic Equity. The two-year program will pay a random selection of 400 Newark residents, ages 18 and older and with household incomes that are 200% below the federal poverty level, a sum of $12,000 each, over two years. Half of those individuals will receive $500 monthly payments, with the other half receiving four payments of $3,000, paid out semi-annually.  "We are going to get real data, and join with the rest of the mayors across the country who are doing similar projects, and begin to push for...
    LOS ANGELES (CNS) -- The Los Angeles County Board of Supervisors voted 4-1 Tuesday to approve proposals for a pilot guaranteed income program, one of which calls for $1,000 per month to be paid to 1,000 residents for at least three years.Supervisor Kathryn Barger was the dissenting vote, expressing concerns about lack of research into the plans and the potential for fraud.Supervisors Holly Mitchell and Sheila Kuehl co-authored a motion declaring that poverty and economic opportunity are public health issues and calling for a broad strategic plan to address a growing wealth gap."As we endeavor to create a more resilient economy ... we must explore guaranteed income and other measures of poverty alleviation as permanent county policy, not just as an emergency measure,'' the motion read in part. "The coronavirus crisis has heightened and made more vivid what was already clear to many: The inequities in our economy have been a matter of life and death for many of our most vulnerable county residents.''Pointing to racial discrimination as the cause of higher unemployment rates and limited access to good housing,...
    SACRAMENTO, Calif. -- California Gov. Gavin Newsom wants to use a sliver of the state's massive budget surplus to give poor people money each month with no rules on how they spend it.Newsom's budget proposal, announced Friday, includes $35 million over five years to pay for "universal basic income pilot programs." The idea is to give poor people money each month to help ease the stresses of poverty that can make it harder to find full-time jobs and stay healthy.It's believed to be the first statewide funding for such programs, which are gaining traction in cities.The idea has been around since at least the 18th century. Even the U.S. government experimented with it in the 1960s and 1970s under President Richard Nixon. It's gotten new life in recent years thanks to former Stockton Mayor Michael Tubbs, who launched a privately funded guaranteed income program in his Northern California city in 2019.Since then, mayors across the country have started their own programs, including one in Oakland earlier this year that pledges to give up to 600 families $500 each month. Last...
    Los Angeles County could soon become the largest county in the country to launch a universal basic income pilot program, providing at least $1,000 a month to at least 1,000 residents. Supervisors Holly Mitchell and Sheila Kuehl are proposing that the guaranteed income pilot program provide monthly payments for three years. The criteria for participants has not been determined. The two supervisors said the county must explore anti-poverty measures as permanent county policy, not just as emergency measures to alleviate economic instability caused by the COVID-19 pandemic. “We must fundamentally shift the idea that people who face financial insecurity have somehow failed, and instead recognize that it is the inequity and lack of access built into our economy and government assistance programs that have failed us,” Mitchell and Kuehl said in their motion. The Board of Supervisors will vote on the measure at their Tuesday meeting. Universal basic income has been tested across the country, including in Compton and in Stockton, where 125 randomly selected residents were given $500 per month for two years. Especially amid the pandemic, policymakers across...
    A group of 43 Democratic mayors from across the country is backing plans to provide certain low-income residents with a universal basic income. Called Mayors for a Guaranteed Income (MGI), the group argues that “economic security isn’t a new challenge or a partisan issue.” The way to end or reduce poverty, they argue, is to guarantee a certain level of income to low-income residents with no strings attached. Called the new, “New Deal moment,” the MGI argue that providing certain residents with direct, recurring cash payments “lifts all of our communities, building a resilient, just America.” About 40% of the participating mayors are located in the Northeast, with the greatest number, 7, located in California. The majority of mayors are men; roughly two-thirds of the mayors are black or Hispanic. The Stockton Economic Empowerment Demonstration (SEED) is the country’s first mayor-led guaranteed income project. It is fully philanthropically funded and receives no taxpayer dollars. It initiated its pilot program in February 2019, first giving 125 residents $500 per month over an 18-month period. Researchers from the University of Tennessee-Knoxville College...
    Los Angeles is poised to become the latest city to try universal basic income. Mayor Eric Garcetti included a $24-million Basic Income Guaranteed program in his city budget to be released Tuesday. L.A. would become the biggest city to try the concept, possibly joining Stockton, Compton and others. Here is a primer:What would the L.A. program do? If approved by the Los Angeles City Council, the program would provide $1,000 a month to 2,000 Los Angeles families for a year. There will be no obligation on how to spend the money, according to the mayor’s office. “When you give money to people who are poor, it creates better outcomes,” the mayor said. “It covers child care. It puts food on the table. It leads to more high school graduations and better checkups.” Already, the Los Angeles City Council has unveiled plans to spend more than $11 million in funds diverted from the Los Angeles Police Department budget on such programs in South L.A. and the San Fernando Valley. In the South L.A. district represented by Councilman Curren Price, a program...
    Los Angeles Mayor Eric GarcettiEric GarcettiSunday shows preview: Biden administration grapples with border surge; US mourns Atlanta shooting victims State, city leaders push transparency to increase trust in COVID-19 vaccine Overnight Health Care: Biden slams Texas, Mississippi for lifting coronavirus restrictions: 'Neanderthal thinking' | Senate panel splits along party lines on Becerra |Over 200K sign up for ACA plans during Biden special enrollment period MORE (D) said in an interview published on Monday that he will ask the Los Angeles City Council to set aside $24 million in next year’s budget to provide a guaranteed monthly income to 2,000 LA-area families. "We have to end America's addiction to poverty," Garcetti said in an interview with LAist. "For families who can't think past the next bill, the next shift or the next health problem that they have, we can give them the space to not only dream of a better life, but to actualize it." The proposal titled "BIG: LEAP" (Basic Income Guaranteed: L.A. Economic Assistance Pilot), will provide 2,000 families living at or below the poverty level with an unconditional...
    Basic income programs that exclude white people could prove to be illegal if public money is used to fund them, an expert has warned.  Libby Schaaf, the mayor of Oakland, California, last week announced a privately funded program that will give low-income families of color $500 per month with no rules on how they can spend it. It was then reported that the non-profit Marin Community Foundation in Marin County would also $1,000 monthly grants to 125 women of color with children.  The Marin County Board of Supervisors has said it will provide $400,000 to the program following a vote last Tuesday, The San Francisco Chronicle reports.  But Walter Olson, a legal expert at the Cato Institute, argues that federal and state law bars race-selected schemes and warned that Marin County's scheme could be 'racially discriminatory' following its decision to award public funding.  Olson told Reason: 'The structure of the program is racially discriminatory. It will probably not make it over the threshold for when government is allowed to discriminate.'  As for the Oakland scheme Olson says that is more complex, adding: 'The...
    Certain San Francisco artists may receive $1,000 a month under a new city program, the latest in a series of universal basic income initiatives cropping up in cities across California. The guaranteed income pilot program will dish out the funds for six months to 130 eligible artists, according to the Yerba Buena Center for the Arts website. To qualify, applicants must be San Francisco residents under certain income thresholds who faced economic loss during the pandemic. The program is open to every artistic tradition, including music, dance, creative writing, visual art, performance art, installation, photography, theater, film, arts education and craftsmanship. The artist’s work must be “rooted in a historically marginalized community,” according to the website. “The arts are truly critical to our local economy and are an essential part of our long-term recovery. If we help the arts recover, the arts will help San Francisco recover,” Mayor London Breed said in a statement. “This new program is an innovative effort to help our creative sector get through this challenging time, and come back even stronger and more resilient than...
    CHICAGO (CBS) — A City Council committee on Thursday held a hearing on a possible pilot program to help lower-income Chicagoans bounce back from financial emergencies through guaranteed basic income. Similar pilot programs in other U.S. cities typically offer $500 cash to around 125 people for a limited time, with no strings attached. READ MORE: Chicago Auto Show Organizers Meeting With Pritzker Administration About Possible 2021 Return To McCormick Place Ald. Gilbert Villegas (36th), who has said he plans to introduce a guaranteed basic income plan to the City Council soon, said the need is urgent. Villegas said he would like to set aside 2% of the $1.8 billion in federal aid the city expects to get from the latest COVID relief program for a guaranteed basic income pilot project. “We have got to get money, cash, into the hands of people so that way they can continue to keep the economy going,” Villegas said. “That money is going to circulate right back into the economy. So this is a great use of the funds that are coming from the...
    CHICAGO (WLS) -- Some Chicago aldermen on Thursday are exploring a proposal to give some residents a guaranteed basic income.It would likely amount to monthly payments for low-income residents, with no strings attached.Alderman Gilbert Villegas, Alderwoman Maria Hadden and Alderwoman Sophia King introduced the resolution to the Committee on Economic, Capital and Technology Development of the Chicago City Council."Distributing cash directly to Chicago families would transform life for millions of Chicagoans for generations to come," Villegas said.RELATED: Gary launches guaranteed income program experiment for 1 yearEMBED More News Videos The Guaranteed Income Validation Effort pilot program will provide a $500 monthly income to 125 residents for a year to see if it will help lift people out of poverty. The opportunity to secure a guaranteed income for Chicagoans arises in light of the expected passage of the American Rescue Plan, which, similarly to the CARES Act of spring 2020, would offer the city of Chicago discretionary funding to provide relief to residents.The resolution, if passed, would establish that the City Council would hold hearings on the creation of a guaranteed...
    New York City housing advocates and tenants march to demand Gov. Andrew Cuomo cancel rent amid the pandemic on Oct. 10, 2020.Andrew Lichtenstein | Corbis News | Getty Images The new federal coronavirus relief bill that's poised to be approved on Capitol Hill could put unprecedented sums of money into the hands of American families. That includes new stimulus checks of up to $1,400 for adults and their dependents, as well as up to $300 per month per child through an enhanced child tax credit. This week, some Democratic senators upped the ante, and called for recurring stimulus checks and indefinite expansion of unemployment benefits for the duration of the pandemic. More from Personal Finance:Covid is making it harder to get into a top collegeHere's how delaying college may impact your future earningsCollege can cost as much as $70,000 a year To some experts, the move shows the idea of guaranteed income, where a certain floor of money is provided to a targeted set of people, could be gaining momentum in the U.S. The idea of direct checks to Americans...
    STOCKTON (AP) — After getting $500 per month for two years without rules on how to spend it, 125 people in Stockton paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday. The program in the Northern California city of Stockton was the highest-profile experiment in the U.S. of a universal basic income, where everyone gets a guaranteed amount per month for free. Announced by former Mayor Michael Tubbs with great fanfare in 2017, the idea quickly gained momentum once it became a major part of Andrew Yang’s 2020 campaign for president. READ MORE: Gov. Newsom Signs Executive Order to Halt Pandemic Evictions Through June Supporters say a guaranteed income can alleviate the stress and anxiety of people living in poverty while giving them the financial security needed to find good jobs and avoid debt. But critics argue free money would eliminate the incentive to work, creating a society dependent on the state. Tubbs, who at 26 was elected Stockton’s first Black mayor in 2016 after endorsements from Oprah Winfrey...
    SACRAMENTO, Calif. (AP/CBS13) — After receiving $500 per month for two years without rules on how to spend it, 125 people in Stockton paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday. The program was the highest-profile experiment in the U.S. of a universal basic income, where everyone gets a guaranteed amount per month for free. Announced by former Mayor Michael Tubbs with great fanfare in 2017, the idea quickly gained momentum once it became a major part of Andrew Yang’s 2020 campaign for president. READ MORE: 2nd Suspect Still Sought In 2020 Killing Of 17-Year-Old Jaylen Betschart, Sacramento Police Say Supporters say a guaranteed income can alleviate the stress and anxiety of people living in poverty while giving them the financial security needed to find good jobs and avoid debt. But critics argue free money would eliminate the incentive to work, creating a society dependent on the state. Tubbs, who at 26 was elected Stockton’s first Black mayor in 2016 after endorsements from Oprah Winfrey and Barack Obama,...
              Richmond Mayor Levar Stoney is expanding a guaranteed income program, thanks to new funds from Twitter CEO Jack Dorsey. On Tuesday, Stoney announced that the city would receive a $500,000 grant that would allow them to expand the program to 55 families, thanks to a $15 million donation from Dorsey to association Mayors for a Guaranteed Income. “The launch of the Richmond Resilience Initiative in late October constituted a significant investment in the health, wealth and dignity of Richmond families,” Stoney said in a press release. “Receiving this generous support so quickly after Richmond’s launch not only multiplies the city’s capacity to empower hardworking heads of household but endorses the pragmatic progressivism fueling this program.” In October, days before Stoney was re-elected, he announced the Richmond Resiliance Initiative (RRI) would provide $500 per month for two years to 18 needy families, according to a press release. The program is also funded by city allocations of some CARES Act funds and donations from the Robins Foundation, a Richmond-based foundation that provides grants to non-profits...
    SAN FRANCISCO (KGO) -- The San Francisco Board of Supervisors is expected to vote on moving forward with a study on Tuesday to consider a guaranteed income program.Supervisor Matt Haney introduced a resolution earlier this year.RELATED: SF supervisor pushes for city to get behind universal basic income programIt would provide low income families $500 per month funded by private donors.Tuesday's vote would determine whether the city should study the program's feasibility.RELATED: A 2nd $1,200 stimulus payment needs to happen soon, economists sayMore than 25 cities, including Stockton, have already backed the guaranteed income plan.
    COMPTON (CBSLA) — Compton is launching the nation’s largest universal basic income program, with plans to distribute regular cash payments to about 800 low-income residents for two years. (credit: Patrick T. Fallon/Bloomberg via Getty Images) The Compton Pledge, which will be launched by the end of this year, will distribute cash relief to a pre-verified group of low-income Compton residents. Recipients will be kept anonymous and the program will be “rigorously evaluated” by an independent research team, who will report preliminary findings at six-month intervals. Recipients will get to choose between multiple payment options, and residents who don’t have a current bank account will be provided with no-cost financial services, according to Compton city officials. “I know firsthand what guaranteed income could have done for my mother. I’ve watched the many sacrifices she made, including walking to work to provide for my brother and I,” Compton Mayor Aja Brown said in a statement. “Like most Americans, we were one emergency away from having to move, which we did many times, if anything unplanned happened because of her restricted income and...
    St. Paul Mayor Melvin Carter’s plan to dip into federal CARES Act funding to launch $500 monthly payments to 150 low-income families impacted by the pandemic has run into questioning from a federal lawmaker from his own city and party. On Wednesday, several members of the St. Paul City Council appeared ready to vote in favor of using $300,000 in CARES Act money to get Carter’s “People’s Prosperity Pilot” off the ground. The mayor has said philanthropy will otherwise fund most of the $1.5 million, 18-month demonstration project. Minutes before the council meeting was to start, however, city staff reviewed a letter of concern from U.S. Rep. Betty McCollum, who questioned whether the pilot project met federal requirements for CARES Act spending. The St. Paul Democrat also questioned whether it would stand up to a legal fight from the Trump administration, if one were to arise. Given McCollum’s concerns, the city council voted 6-1 to delay a vote that would have granted Carter’s office access to the CARES money. The council agreed to revisit the issue in one week. Calling...
    Holyoke residents may have a chance to receive a universal basic income - without working - through a billionaire-backed economic program. Twitter CEO Jack Dorsey has pledged $3 million to a small group of U.S. mayors -the Mayors for a Guaranteed Income - advocating for the start of universal basic income. Dorsey has a net worth of about $7 billion, according to Forbes. A universal basic income is an economic theory that says providing people with no-strings-attached, no-work required, recurring payments will stamp out poverty and settle longstanding issues of income inequality. The regular payments would be enough to cover basic necessities, such as food, rent, electricity, etc. Holyoke Mayor Alex Morse joined the advocacy group that will receive Dorsey's largess, Mayors for Guaranteed Income, earlier this month. He said universal basic income is important because of the great number of economically disadvantaged people in the U.S. He said nearly 40 percent of Americans can’t afford a $400 emergency. “A guaranteed income is crucial for combating poverty,” Morse said in a statement. It “is a building block...
    If there was ever a good time to convince people guaranteed income can make a difference, Stockton Mayor Michael Tubbs figured it’d be in the middle of a pandemic that is taking a heavier toll in poor neighborhoods and among Black and Latinx communities. So Tubbs, whose city has been at the heart of one of the nation’s few experiments with free cash payments for more than a year, launched Mayors for Guaranteed Income last month to push for federal policy. So far, the mayors of Oakland, Los Angeles, Compton, Atlanta and 13 others have signed on. “In the worst way, the pandemic has been a really good moment for guaranteed income,” said Sukhi Samra, executive director for Stockton’s privately-funded program, the Stockton Economic Empowerment Demonstration. “It exposed the economic fragility of most American households, and especially of Black and Brown households who have been excluded from economic well being and prosperity.” COVID-19’s devastating economic toll has already pushed legislators across the congressional floor to rethink unconditional income, from Republican Sen. Mitt Romney calling for widespread cash payments to every...
    Jack Dorsey, the billionaire co-founder of Twitter, is donating $3 million to help fund a group of guaranteed income pilot programs that will put cash directly in the hands of Americans who need it the most in more than a dozen cities across the United States.  The recipient, an organization called Mayors for a Guaranteed Income, founded last month, is a network of mayors who say they believe all Americans should have an income floor, also known as a universal basic income, to help reduce economic insecurity in the U.S.. "This is one tool to close the wealth and income gap, level systemic race and gender inequalities, and create economic security for families," Dorsey said in a tweet announcing his donation Thursday. Get Breaking News Delivered to Your Inbox Dorsey in April pledged $1 billion for coronavirus relief efforts; this donation is part of that promise. The tech entrepreneur also donated $20 million to Resolve to Save Lives, an initiative from former Centers for Disease Control and Prevention director Dr. Tom Frieden that is working to prevent pandemics.  The founder of the guaranteed...
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