MSN
Basic income gives many participants the financial boost they need to afford necessities.
Shamarra Woods, a 31-year-old Atlanta resident, spent basic income on bills and day care for her toddler.
For Jennette Fisher, 46, $500 a month allowed her to sign a lease for an apartment in a quiet Chicago suburb with her daughter.
“It took such a weight off,” Fisher previously told Business Insider. “If I wouldn’t have had that money, I don’t know what would have happened.”
Guaranteed basic income has become an increasingly popular strategy to approach poverty in US cities. More than 100 municipalities have tried the GBI model since 2019, offering low-income participants between $50 and $2,000 a month, no strings attached, for a set time period.
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