AMERICANS are being promised another year of automatic $500 payments each month thanks to the approval of a $7.5 million guaranteed income program.
Following the success of a pilot program that started in 2022, the program will be revived in the coming months to lend even more financial support to cash-strapped Americans.
Unlike some traditional welfare programs, guaranteed income programs hand out regular, unconditional cash payments with no strings attached.
Often targeted at helping low-income communities cover basic needs and boosting their financial stability, these programs have become significantly more popular, especially in the wake of the COVID-19 pandemic…