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$500 Monthly Support for Low-Income Families: Minnesota Lawmakers Contemplate Basic Income Trial

Minnesota Democrats Propose $500 Monthly Payments to Low-Income Families

Minnesota Democrats Propose Universal Basic Income Pilot Program for Low-Income Families

Minnesota Democrats want to start a program that will give $500 per month to low-income families without requiring them to do anything extraordinary to qualify. They drew inspiration from a pandemic-era operation in St. Paul that provided financial assistance to 150 families. According to one study, even after the subsidies stopped, these families improved their financial situation and more of them found work.

Rep. Athena Hollins, the plan’s author, believes it may benefit families across Minnesota. The idea involves funding local governments and charities to distribute these payments for at least a year and a half. St. Paul Mayor Melvin Carter also believes it’s a good idea, saying it offers hope and helps with things like paying rent and buying food.

READ ALSO: Social Security Updates Overpayment Policies To Enhance Financial Management

$500 Monthly Support for Low-Income Families: Minnesota Lawmakers Contemplate Basic Income Trial. (PHOTO:

Republicans Express Concerns Over Cost and Fraud Potential in Proposed Minnesota Program

However, not everyone is in agreement. Some Republicans are concerned about the hefty cost and if spending so much money is a smart idea. They are also concerned about fraudulent activity. Despite this, advocates believe it has the potential to make a significant difference for low-income families, echoing similar programs around the country, including those in California. The argument is now taking place in the Minnesota legislature.

READ ALSO: $450 Tax Credit – Colorado’s Statewide E-Bike Savings For Residents!

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