The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

US City Mulling Guaranteed Income Pilot Program That Could See $33,000 in Free Money Dished Out Every Month With No Strings Attached: Report

by Alex Richardson
August 23, 2025
in Money

A city in New York is considering a one-year pilot program that would grant some of its residents a guaranteed basic income every month.

The City of Newburgh has been planning the basic income plot for at least a couple of years, according to Alexandra Church, the town’s director of planning and development.

[adinserter block="1"]

Church says that the program will benefit community members who are “extremely” low income, which is well over a third of the city’s population.

“What we decided was to focus on those who are extremely low-income in our community. That ranges from $24,000 a year for a family of one, to $34,000 for a family of four… And in overall numbers, that’s about 6,000 people that would be eligible, which comes out to about 36 percent of our population.”

The plan involves giving qualifying people a debit card that would allow them to spend $300 per month on paying their bills and building their savings. To start, Church says the pilot would only apply to 110 households.

When asked by one of the city council members if there would be any restrictions on how the recipients could spend the money, Church said no, and that’s the point.

“To say this quite bluntly, there will be one percent of the people in any of these studies that use it for things that are not positive in their lives. But 99 percent of them will not… So, is it worth it for that 99 percent that use it for food and housing, to fix their car, and things that are beneficial for their lives?”

Countless American cities and states have been experimenting with guaranteed or universal basic income for several years now, including in Maryland, Los Angeles, Georgia, New York City, Ohio and dozens more.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Surf The Daily Hodl Mix


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • Crystal Intelligence launches Ask Crystal, the AI analyst behind every blockchain judgment
    July 14, 2026
  • Byreal Marks First Anniversary with Strong Growth, RWA Leadership, and AI-Native Innovation on Solana
    July 13, 2026
  • BYDFi Participates in Peru Blockchain Conference 2026, Engaging the LATAM Web3 Community
    July 13, 2026
  • Leveraged Cup Awards $20,000 Grand Prize in Global Trading Competition
    July 12, 2026
  • Kresus pioneers crypto inheritance and legacy planning for wealth across generations
    July 9, 2026
  • Bybit PWM BTC Funds Post 4.9% Growth in 60-Day Annualized Return as Bybit Expands BTC Yield Suite for Holders
    July 9, 2026
  • Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission in Abu Dhabi
    July 7, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • FBI Alerts Kentucky Residents to Law Enforcement Scams Demanding Crypto Payments
    July 13, 2026
  • Texas Man Allegedly Drains $23,500 From Wells Fargo Account of Hatfield Township Resident
    July 12, 2026
  • Oklahoma Family Loses Access to $50,000 as Cashier’s Check Vanishes in Mail
    July 12, 2026
  • Medical Technology Firm Confirms Data Breach That Impacted Data of 3,834,294 Americans
    July 12, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl