Residents of California City Set to Get Monthly $500 Stipend

Universal Basic Income program will be tested in impoverished Stockton

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Stockton, California will become the first city in the country to participate in a test of Universal Basic Income, in which 100 residents will be given $500-dollars-a-month, with no strings attached.

The program aims to create a level of income that no one will fall beneath.

By providing impoverished residents a regular sum of money that they can use on anything they wish, be it food, clothes, gas, or starting a new venture, those behind the program believe it could go a long way to give people enough support to try out new ideas.

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