A Colorado guaranteed income program could help families, but the costs are high

A Colorado guaranteed income program could help families, but the costs are high

Guaranteed income programs have grown in popularity in the U.S. as costs of living continue to rise. Glowimages/GettyImages PlusIn Colorado, full-time workers need to earn an hourly wage of at least $36.79 to afford $2,000 in monthly rent, which is below the federal fair market rate for a Denver-area two-bedroom unit. More than 87% of low-income Coloradans spend more than one-third of their pretax income on housing — a common benchmark for housi…

A Colorado guaranteed income program could help families, but the costs are high