The mayor of Los Angeles is proposing the largest universal income pilot program in America, saying he hopes the program will "light a fire across our nation. "
Newsweek reports: Los Angeles Mayor Eric Garcetti has proposed giving a "universal basic income" of $1000 a month to 2,000 poor local families for one year … The program would give 2,000 families below the federal poverty line monthly $1,000 checks for 12 months. The families could then spend the money however they please.
Garcetti said he hopes the program could provide a model for similar anti-poverty initiatives in other cities. […]
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