Basic Income latest news

Jack Dorsey boosts St. Louis’ guaranteed basic income pilot program with $1 million gift
The founder of Twitter gave $1 million to the new guaranteed basic income program to help expand its reach in his hometown of St. Louis.

Try this in a small town. Try it in every town.
A new documentary featuring a guaranteed basic income experiment in Cambridge shows the good that comes from giving low-income families a little extra help each month.

UBI vs. Negative Income Tax
An NIT sounds very different from a UBI because, well, it sounds like a tax, not a benefit! But as we’ll see, in most circumstances, the two are mathematically equivalent.

Is giving people cash working? What six months of Denver’s Basic Income Project tell us
Six months ago, the Denver Basic Income Project (DBIP) started giving cash regularly to people experiencing homelessness, no strings attached.

What $500 a Month Means to Zinida Moore
In an experimental program, 5,000 Chicagoans received monthly cash payments from the city for a year, no strings attached. Here’s how the money changed one woman’s life — and how it didn’t.

Cambridge tries giving thousands of low-income residents money, no strings attached
Income from the Cambridge RISE pilot program helped free up Porchia Willis to take classes at the Massachusetts School of Barbering

Opinion: Universal Basic Income (UBI): An Islamic perspective
Interest is growing, particularly among Western commentators, in arguments that governments should distribute a universal basic income (UBI) to citizens.

We cut child poverty to historic lows, then let it rebound faster than ever before
The expanded child tax credit was a well-tested solution to child poverty. Bring it back.

Foster care leaver says basic income gives independence
A teenager who was given £1,600 a month as part of a government pilot scheme said it helped her rent a flat.

Basic income saved lives, say supporters, who rallied in Denver for extension of cash assistance
Advocates for the Denver Basic Income Project rallied at the Colorado Capitol on Friday to urge local leaders to support additional funding for the program

Scottish Child Payment Impact ‘Biggest Since Fall of Berlin Wall’
The Scottish Child Payment has seen the biggest reduction in inequality caused by a single policy change since the collapse of the Berlin Wall, an Oxford professor has said.

Guy Standing: The Evidence for Basic Income is Now Sufficient
It was useless to make minor changes to the old system. A new system was needed. The evidence was clear.

How Basic Income Will Impact Rent
One fear about Universal Basic Income (UBI) is that it could cause rents to increase, partially or entirely diverting the benefit of UBI to landlords.

Basic Income Grant (BIG) Coalition of Namibia host a Concert to celebrate the 16th anniversary of International Basic Income Week
The Basic Income Grant (BIG) Coalition of Namibia will be hosting a #NoOneLeftOut Concert in Windhoek on Saturday to celebrate the 16th anniversary of International Basic Income Grant week.

A bold new federal experiment in giving renters cash
What if, instead of traditional housing vouchers laden with convoluted red tape that landlords notoriously hate, low-income tenants could pay their rent with cash?

Denver Basic Income Project and Mark Donovan Gaining More Confidence One Year In
Denver Basic Income project leader Mark Donovan sees plenty of proof that his idea of giving out cash works to improve the lives of the homeless.

Universal basic income proves to be an effective method of development aid
Simply transferring money to people living in poverty works.

A basic income pilot program aimed at supporting mothers and babies is showing significant success in Delaware
The program is now three quarters of the way done and officials say its yielding a 324% return on investment.

With the ending of guaranteed basic income pilots, what’s next?
LA’s universal basic income (UBI) pilot program, “BIG: LEAP,” gave participants $1,000 per month for a year.

Waterloo councilor wants city to support call for national basic income program
Program doesn’t just support individuals but has ‘ripple effects for communities,’ Coun. Jen Vasic says

Opinion: Basic Income is a liberal idea and we must reclaim it
There is already evidence that the generous £400 per week package is being used by these young people to go on courses, or to put down a deposit on a flat.

Is South Africa poised to become a global leader in universal basic income?
Many governments—especially those of low and middle-income countries with particularly burdensome debt obligations—have cut social spending and reverted to austerity frameworks.

Universal basic income and reproductive labor
With a renewed interest in universal basic income (UBI), maybe it is time to reconsider its gendered capabilities

Opinion: Americans are working harder and making less. We need a new social safety net
Thousands of auto workers for the three-largest U.S. carmakers walked off the job last week because their pay has only increased fractionally in the wake of the auto companies’ soaring profits.

Temporary Basic Income, a novel approach to coping with crisis and reducing gender disparities in Nepal
Kalpana is one of the 3,500 economically poor and vulnerable women who received cash as a temporary basic income.

Why Does Everyone Feel So Insecure All the Time?
In the United States, the richest 10 percent of households own more than 70 percent of the country’s assets.

Region of Waterloo passes motion to call for guaranteed livable basic income
‘The rich are getting richer and the poor are getting poorer,’ said Cambridge regional councilor

The rise in productivity and loss of jobs as a result of AI may require a universal basic income strategy says Robert Reich
In an interview with CNBC, Reich discussed how AI will have a profound impact on middle-class workers, creating an impetus for a universal basic income.

What Happens When You Give New Parents Cash Aid?
Cash transfer programs are forging a path for guaranteed income.

Canada study debunks stereotypes of homeless people’s spending habits
Researchers find homeless people more likely to spend lump sum on housing and food and not ‘temptation goods’ such as alcohol

Oprah Winfrey and Dwayne Johnson launch fund to provide $1200 a month to displaced Maui residents
Oprah Winfrey and Dwayne Johnson have committed $10 million to make direct payments to people on Maui who are unable to return to their homes

Fairfax County in Virginia to Launch Guaranteed Basic Income Program
Fairfax County will be piloting a guaranteed income program for residents in select ZIP codes, offering $750 per month to 180 families for 15 months starting in 2024.