Red Pocket Mobile on eBay is selling 1 year plan that has 1000 minutes, 1000 txts and 1GB data per month for $159 for a full year. That's approx only $15/month. They usually sell it at $199. Maybe this is Black Friday pricing. They will include a AT&T and Verizon sim card. This is the cheapest cell phone plan for $15/month with reasonable minutes, texts and data.
If link doesn't work, search item 131593551826 on eBay. Happy Black Friday fellow slickdeal shoppers! And I thank those who gave rep points on my account.
UPDATE: The seller changed the listing description to include AT&T and Sprint sim cards (Verizon sim card is no longer part of the sim package). This means Verizon phones will not work under this new deal. Price is still $159.