LOS ANGELES (CBSLA) — The Los Angeles City Council on Tuesday has approved what will be the largest guaranteed basic income pilot program in the country to date.
At Tuesday’s meeting, the LA City Council unanimously voted to expand the city’s initial $6 million investment in the BIG:LEAP , which stands for Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, to nearly $40 million, making it the largest such program in the nation.
READ MORE: City Councilman Curren Price, who proposed the program, called it a “life-changing initiative.”The program promises to benefit as many as 3,000 Angelenos with $1,000 in […]
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