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The city of Santa Fe is testing out universal basic income, or guaranteed monthly payments, for 100 parents under the age of 30 who attend Santa Fe Community College. They'll get $400 monthly payments, also known as a"stability stipend," for a year, and if that local pilot program goes well, lawmakers are"I think that $400 is a heckuva lot of money to a heckuva lot of people in this state," Albuquerque Rep. Antonio Maestas said during a committee hearing on Monday.
A growing number of cities are testing out universal basic income for targeted groups of residents. For example, upstate New York is a one year program giving 100 residents $500 monthly payments for a year, with Chicago, Boston, St. Paul and others having implemented similar programs.the nation's first statewide guaranteed income program, giving up to $1,000 monthly checks prioritized to pregnant people and those aging out of the foster care system.
As universal basic income is rising in prominence, some Democratic lawmakers want it to become a permanent feature of America's economy.
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