Albuquerque uses weed tax to fund 'no-strings-attached' guaranteed income, sparking policy debate

Albuquerque city leaders are touting the results of a controversial taxpayer-funded guaranteed basic income (GBI) pilot program, asserting that direct, monthly cash injections have significantly stabilized struggling households.

During a Friday press conference, Albuquerque City Councilor Nichole Rogers emphasized that the city is making history by operating one of the few GBI initiatives in the country funded directly via municipal tax dollars. Albuquerque Mayor Tim Keller noted that while...