Guaranteed $1,000 a month to some Austin families - What's Your Point?

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Austin TX Approved Guaranteed Income Program

Panel discusses taxpayers in the capitol city funding a pilot "guaranteed income" program.

In Austin, Texas the "social experiment" is underway.

Taxpayers in the capital city are funding a pilot "guaranteed income" program.

85 families "in need" will get a monthly thousand dollar check to insulate households against rising prices and potential foreclosure or eviction.

 A California firm has been picked to administer the program - and they claim that the benefits help low-income recipients boost savings and reduce debt.

What do you think - a justifiable helping hand or a very slippery slope?