$200 Million Allocated for No-Strings-Attached Cash Handouts as Basic Income Trials Expand to 24 States in the US: Report

24 US States Experimenting with No-Strings-Attached Basic Income Trials for Individuals and Families in Need.

Over $200 Million Allocated for Basic Income Pilot Programs in the US, With California Leading the Way

Reportedly, more than $200 million has been earmarked for various pilot programs testing the benefits of no-strings-attached basic income across the country.

Among the states, California has taken the lead with the most basic income trials, implementing programs in cities such as Los Angeles, Compton, Long Beach, Marin County, Mountain View, Oakland, Santa Clara County, San Diego, San Francisco, Sonoma County, and Stockton. A significant portion of these trials is backed by a $35 million, 5-year guaranteed income initiative initiated by California Governor Gavin Newsom.

The list below includes additional states that have already launched or plan to launch basic income programs.

• Alabama
• Arizona
• Colorado
• Florida
• Georgia
• Illinois
• Indiana
• Louisiana
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• New Jersey
• New Mexico
• New York
• North Carolina
• Pennsylvania
• Rhode Island
• South Carolina
• Texas
• Virginia
• Washington

Promising Findings from $1.8 Million Basic Income Trial in Denver - Financial Safety Net for Individuals Amid Hardships

Early results from the $1.8 million basic income trial in Denver show that such programs can serve as a crucial safety net for individuals experiencing financial challenges.

Participants receiving amounts ranging from $600 to $12,000 per year report using the funds primarily to cover basic necessities. Moreover, they express that the program has significantly reduced stress levels and fostered a greater sense of hope for the future.

Aug 05, 2023