Economy, finance, and budgets

Economy, finance, and budgets

Earlier this year, Stockton, California, mayor Michael Tubbs formed a new coalition, Mayors for a Guaranteed Income, with the goal of lifting Americans out of poverty by providing monthly, no-strings-attached, cash assistance. Cities started to embrace the idea as local economies ground to a halt and millions of families faced serious hardship. Some of the nation’s largest municipalities have now pledged support, including Los Angeles, Newark, Shreveport, New Orleans, Atlanta, Philadelphia, Pittsburgh, and Richmond. The number of mayors in the coalition, only 11 in July, stands at 30 today, and the effort has won support from Twitter CEO Jack […]

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