Guaranteed Income vs. Universal Basic Income

05-03-2021
Money/Debt
Daily Rundown
Guaranteed Income vs. Universal Basic Income
CBNNewsDailyRundownEp826FinalMix.mp3

Cities across the country are still feeling the effects of the pandemic both in terms of infection rates and unemployment. More than 25 mayors are experimenting with cash payments each month to families in low income communities. This could either help alleviate poverty or disincentivize work. CBN News National Security Correspondent Caitlin Burke has been covering this story. Today on the CBN News Daily Rundown, she breaks down multiple sides of the argument and discusses how the experiment is progressing in specific cities.

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