Albuquerque has launched a basic income initiative funded by tax revenue from recreational cannabis sales, providing $750 monthly payments to 80 families in struggling districts. Approved in March with a budget of $4.02 million, the program aims to alleviate financial hardships and improve educational outcomes. Advocates argue that such programs enhance housing security and mental health, while critics claim they may discourage work. The initiative represents a broader trend in the U.S. exploring guaranteed income solutions to support vulnerable populations.
This isn't just about allocating dollars. It's about delivering tangible benefits.
The program provides $750 monthly payments to 80 families in two districts where students struggle with low academic performance.
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