Santa Fe just agreed to send some parents $400 per month - and New Mexico could take it statewide
New Mexicois considering implementing a statewide universal basic incomeprogram. Santa Feis testing out a $400 monthly stipend to 100 residents and, if successful, the state could follow suit.
- California recently implemented the nation's largest targeted monthly payment program.
New Mexico could become the second state to implement a statewide universal basic income program.
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 considering moving forward with a similar statewide proposal.
"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.
And Santa Fe Mayor Alan Webber, who testified at the hearing, expressed support for guaranteed monthly payments, saying that they are "exactly what we need to break the cycle of
A growing number of cities are testing out universal basic income for targeted groups of residents. For example, upstate New York is testing out a one year program giving 100 residents $500 monthly payments for a year, with Chicago, Boston, St. Paul and others having implemented similar programs.
Last month, California approved 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
After the pandemic spurred Congress to approve three
A report from the Economic Security Project in April also found that fourth and fifth rounds of stimulus checks could cut the number of Americans in poverty in 2021 to 16 million from 44 million while helping close imbalances in poverty, income, and wealth between white Americans and Americans of color.
"This crisis is far from over, and families deserve certainty that they can put food on the table and keep a roof over their heads," the Democrats wrote in their March letter. "Families should not be at the mercy of constantly-shifting legislative timelines and ad hoc solutions."
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