Twitter billionaire Jack Dorsey gives U.S. mayors $15 million to fund basic income

Summary

Tech darling Jack Dorsey donated $15 million in seed funding to a pilot program for universal basic income.

1 year ago·S F, United States

News Articles

Yahoo News

Twitter billionaire Jack Dorsey just donated $15 million to fund basic-income pilot projects in at least 9 US cities

Dorsey's investment will help cities like Pittsburgh and Los Angeles launch their basic-income programs.

1 year ago·Los Angeles, United States

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BBC News

Twitter boss Jack Dorsey donates $15m for income support

Jack Dorsey's support for universal basic income programmes comes as US government aid has faltered.

1 year ago·United Kingdom

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CNN

Twitter CEO Jack Dorsey donated $15 million to help fund program for guaranteed income to residents in need

While the economic crisis brought on by the pandemic has ravaged communities around the world, the concept of a guaranteed basic income has become increasingly more attractive to many, including Twitter CEO Jack Dorsey.

1 year ago·Atlanta, United States

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CNBC

Twitter CEO Jack Dorsey donates $15 million to help cities provide guaranteed income to their residents

As Washington, D.C., lawmakers continue to negotiate over more coronavirus relief, one group of mayors is working to help their residents on a local level.

1 year ago·United States

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The Washington Post

Cities ramp up efforts to send direct checks to residents after $15 million donation from Twitter CEO

More than two dozen cities across the U.S. are ramping up their efforts to send monthly assistance checks to some of their residents, expanding a nationwide experiment to see if “universal basic income” can help local families meet their financial needs and weather the worst economic downturn since the Great Depression.

1 year ago·Washington, United States

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The Hill