California's 'foreclosure capital' to give away $500 a month to residents in experimental welfare program
Stockton testing 'universal basic income' to combat poverty
A California city is set to become the first in the nation to embark on an experiment of Universal Basic Income, paying 100 residents $500 a month without any conditions.
The program’s purpose is to eventually ensure that no one in Stockton, with a population of 300,000, lives in poverty. The receivers of the cash will be able to spend the money on anything they want without any strings attached. -- More...
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