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Tulsa Sees Massive ROI on Remote Workers Grant Program
Tulsa Sees Massive ROI on Remote Workers Grant Program

Entrepreneur

time6 days ago

  • Business
  • Entrepreneur

Tulsa Sees Massive ROI on Remote Workers Grant Program

The city of Tulsa, Oklahoma, has been offering its Tulsa Remote program since 2018. The incentive program offers a $10,000 grant to remote workers to move to Tulsa for at least one year. So far, about 3,500 grants have been issued. Now, a new study found that the offering has been a financial success, giving more than $4 back to the city's residents for every $1 spent. In the report, "The Effects of Tulsa Remote on Inducing Moves to Tulsa: Estimates and Implications," Tim Bartik, a senior economist at the Upjohn Institute, found that the program was six times more efficient at creating jobs than a business tax incentive of the same cost. Tulsa Remote also led to an improved quality of life for residents who were not a part of the program. Related: Working Past Retirement Age? Here Are the 10 Best States for Employed Seniors, According to a New Report. "Ultimately, if a local community is considering a remote worker attraction program, voters will want to know what such a program might mean for their standard of living," Bartik said in a statement. "Are the original local residents better off?" Bartik found that the program increased property values and led to more spending at local retailers, which in turn created local jobs. The new residents also helped to increase the local tax base by more than they use in services, allowing local governments to cut taxes or expand services, Bartik said. The report also notes that more than 100 communities are offering incentives to move there. Business Insider highlights 21 of them here, with programs offering everything from cash to free land. According to Tusla Remote's 2024 Sustainable Growth & Economic Impact report, people who have moved to Tusla for the grant, called "Remoters," have collectively generated $622 million in direct employment income. Meanwhile, 70% are still there after completing the program. Two of those "Remoters," Faith Langevin and Matt Costanza, tell that they left Atlanta, Georgia, for the program in Tulsa and are still there three years later. "We found our community," Langevin told "I think we became better people." Related: JPMorgan CEO Jamie Dimon Says Only One Group Is Complaining About Returning to the Office

The Republican plan to bury Medicaid recipients in paperwork
The Republican plan to bury Medicaid recipients in paperwork

Washington Post

time13-05-2025

  • Health
  • Washington Post

The Republican plan to bury Medicaid recipients in paperwork

Michelle Miller-Adams and Beth C. Truesdale are researchers at the nonpartisan, nonprofit W.E. Upjohn Institute for Employment Research. This week, House Republicans unveiled a plan to cut $715 billion from Medicaid over the next decade. To get support from the party's centrist wing, the bill wouldn't directly slash individual benefits — instead it would put an emphasis on requiring recipients to work. It's a popular idea in polls: About 6 in 10 adults support work requirements, even as they strongly oppose cuts to Medicaid more broadly.

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