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October 27, 2023

$37,560,000 To Be Given Away With No Catch in Major US Guaranteed Income Programs

By Alex Richardson

A total of $37.56 million is being given away in a pair of guaranteed income programs in two of the nation’s major metropolitan areas.

A program called Breathe is expanding in Los Angeles county, with the initial aim of giving $1,000 a month to 1,000 people who are struggling to make ends meet over the course of three years.

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Now, the program has started giving money to people who have gone through the foster care system, with 200 people age 21 to 23 receiving $1,000 a month over the course of two years.

Meanwhile in Paterson, New Jersey, the application process is open for a guaranteed income pilot that will hand out a total of $960,000.

Two-hundred families will be selected via a lottery system to receive debit cards loaded with $400 in free monthly income for an entire year.

To qualify, individuals must have an income below $30,000, and families below $88,000. All applicants must be 18 years old or older, and be a resident of Paterson.

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The programs are two one dozens that are launching across the US in an effort to determine how cash handouts can help people living below the poverty line.

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