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US City Launching $3,000,000 Guaranteed Income Program for Residents – Here’s Who Stands To Benefit

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The Daily Hodl·byMark Emem
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Image for article: US City Launching $3,000,000 Guaranteed Income Program for Residents – Here’s Who Stands To Benefit
A major US city has allocated millions of dollars to a guaranteed income pilot program in the budget for the 2026 financial year. The speaker of the New York City Council, Adrienne Adams, says the most populous US city is allocating $3 million to a guaranteed income program. The program will “provide direct cash grants to expecting mothers and foster youth facing housing insecurity.” Mayor Eric Adams hailed New York City Council’s $115.9 billion budget, which was agreed upon in late June, as the “Best Budget Ever.” While information was scant on how the New York City guaranteed income program...

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