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The basic income guarantee (BIG) is a government insured guarantee that no citizen's income will fall below some minimal level for any reason. All citizens would receive a BIG without means test or work requirement.
Why a Universal Basic Income Is a Terrible Idea. A UBI would only entrench our misconceptions about the relationship between the individual and the state. If you have not heard any proposals for a âuniversal basic incomeâ (UBI), you will soon. Under a UBI, the federal government would send each American (including children, in some plans) a monthly check of, say, $800 or $1,000 to cover basic needs. A couple would receive $20,000 per year, regardless of other income earned; a family with children would get more.