California ‘basic income’ experiment fails to provide ‘financial independence,’ study finds
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Source: New York Post
Published: 2026-04-24 13:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Education, Economy & Finance, World News, Business & Economy
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Snippet:
A California guaranteed income pilot program intended to lift families out of poverty failed to lead participants to long-term financial independence, according to a new study from researchers at the University of California, Davis.
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