LOS ANGELES (CBSLA) —Los Angeles residents have until 11:59 p.m. on Sunday, Nov. 7 to submit their applications for the guaranteed basic income program.
The L.A. 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.
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 direct cash payments to families every month for a year. […]
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