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Oakland launches guaranteed pay plan for low-income people

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The mayor of Oakland, California, on Tuesday announced a privately funded program that will give low-income families of color $500 per month with no rules on how they can spend it. The program is the latest experiment with a "guaranteed income," an idea that giving poor people a set amount of money each month helps ease the stresses of poverty that often lead to poor health while hindering their ability to find full-time work.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/2PlbVvR

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