A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.

05/07/2024, 6:10 AM
businessinsider.com

A California city is giving new parents $500 a month. It's one of a growing number of basic income pilots focused on families.

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Babies are expensive: Formula, diapers, clothes, toys, frequent pediatrician check-ups, and a crib can cost new parents thousands of dollars — and that doesn't include childcare or household bills.

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