Universal basic income: a radical policy with surprising results
Many Americans got introduced to the idea of guaranteed income from the government thanks to the pandemic-aid Child Tax Credit program. But the idea isn't new. And, despite its radical image and fears that it promotes dependency, it has had some notable successes.
The revolutionary expansion of the Child Tax Credit – a sweeping measure that will send regular payments to a majority of families in the United States – signals that the country might be entirely rethinking its approach to poverty, at least for now.
Inside the hillside church where she works part time as custodian, Ana Vanegas-Rivera rests on a wooden bench and pulls out her phone wallet. She …
Stockton’s experiment shows what $500 per month in “free money” can do for employment, mental health, and more. The city of Stockton, California, embarked on a bold experiment two years ago: It decided to distribute $500 a month to 125 people for 24 months — with no strings attached and no work …
Last spring, after Congress passed the historic CARES Act, millions of Americans breathed a sigh of relief: With a $1,200 check from the …