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Universal basic income vs. welfare: Here's what UBI could mean for America's safety net

Summary by Business Insider
Universal basic income can help participants afford essentials like groceries and housing.d3sign/Getty ImagesUniversal basic income is recurring cash payments for participants, no strings attached.Traditional welfare restricts spending to specific categories, like healthcare or groceries.Basic-income policy could supplement welfare but likely wouldn't replace the existing safety net.As America's cities look to alleviate poverty, universal basic …

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El Punt Avui broke the news in on Sunday, January 19, 2025.
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