Universal Basic Income allows residents to receive money from the government regularly, whether it’s weekly, monthly, or yearly.
Similar to stimulus checks, they are different because they would be recurring. Stimulus checks were isolated.
Instead of being offered to permanently help people, they were given to help bolster a damaged economy.
What states and cities are giving people Universal Basic Income?
Alaska has been giving its residents checks under what’s called the Alaska Permanent Fund. The fund was created in 1982 and gives residents a portion of state oil revenue.
It’s paid with annual dividends.
In order to make money from this you need to be an Alaskan resident for at least one year and cannot have jail time or a criminal record.
643,000 Alaskans made $1,114 each this year. In 2008 it was its highest at $2,069 per resident.
Pittsburgh is using COVID funding from the federal government to give 200 households $500 per month for two years.
At the end of the two years those families will have been given $12,000.
In Columbia, South Carolina, 100 low income fathers were given debit cards with $500. They will continue to get the same payments for 11 more months.
Chicago is starting its own UBI program for households that earn under $35,000 per year. They will get $500 dollar monthly payments.
5,000 families will benefit from Chicago using funding from the American Rescue Act.
Los Angeles is also offering a UBI program to low income employees. 3,200 randomly chosen qualifying families will be given $1,000 per month for one year.
California is giving qualifying households checks through the Golden State Stimulus package, which is now in its second round. Millions of residents are receiving checks worth up to $1,100, but it’s unknown if there will be additional rounds after this.
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