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☆ Texas state lawmaker criticizes 'universal basic income' programs: 'We can't just hand out money like popcorn on street corners'
▼ + stars: | 2024-02-04 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

A Texas state senator said a Texas-based basic income plan will "hand out money like popcorn." State Sen. Paul Bettencourt asked the state attorney general to declare it unconstitutional. Bettencourt's request came on the same day that the program — called Uplift Harris — started taking applications. The Uplift Harris program plans to provide eligible households in Harris County, which includes Houston, $500 a month for up to 18 months. "We just can't hand out money like popcorn on street corners to people that walk by," Bettencourt told Fox.

Persons: Sen, Paul Bettencourt, —, State Sen, Harris —, Bettencourt, Fox, Harris, Menefree, Bettencourt's Organizations: Service, Republican, American, Plan, Houston Chronicle, Fox News, Texas, Houston Public Media Locations: Texas, Houston, State, Harris County, Harris

☆ Texas senator says the plan to give poor residents a $500 guaranteed basic income is unconstitutional
▼ + stars: | 2024-01-20 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Guaranteed basic income is similar to universal basic income except it targets a particular group. Similar programs to the one in Harris County are being adopted in cities all over the country. The Uplift Harris program plans to provide eligible households in Harris County, which includes Houston, $500 a month for up to 18 months. "They are not a Home Rule city," Bettencourt told Houston Public Media. Uplift Harris provides guaranteed basic income to households in the zip codes with the highest poverty rates in Harris County, according to the program's website.

Persons: —, Sen, Paul Bettencourt, Harris —, Bettencourt, I've, Harris County Attorney Christian Menefee, Menefee Organizations: Service, Business, American, Plan, Houston Chronicle, Houston Public Media, Harris, Harris County Attorney Locations: Texas, Houston, Harris County

☆ Meet billionaire L'Oreal heiress Françoise Bettencourt Meyers, the richest woman in the world, who has a net worth of $82.1 billion
▼ + stars: | 2020-02-03 | by ( Taylor Nicole Rogers | ) www.businessinsider.com time to read: +1 min

Françoise Bettencourt Meyers inherited one-third of L'Oreal from her mother, making her the richest woman in the world since 2017 with a net worth of $82.1 billion, according to Bloomberg. Bettencourt Meyers had a fraught relationship with her mother. Unlike a typical billionaire heiress, Bettencourt Meyers has focused her attention on her career as an author and a member of L'Oreal's board of directors. Unlike a typical billionaire heiress, Bettencourt Meyers has focused her attention on her career as an author and a member of L'Oreal's board of directors. Representatives of L'Oreal and Bettencourt Meyers did not respond to Business Insider's request for comment on her career, personal relationships, or net worth.

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