$750 a month was given to homeless people in California. What they reported spending it on is more evidence that universal basic income works.

Business Insider

The newly released results of the first six months of the study on the impact of basic income and social support intervention show how the recipients spent the influx of cash.

The findings appear to be the latest piece of evidence showing the benefits of a basic-income plan.

The study found that after six months, those who received the $750 monthly stipend were less likely to report being unsheltered and said they were closer to having enough money to meet all of their basic needs compared with a control group of people who accessed usual homeless services.

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